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Not quite logical GBP/USD price breakout above the 52nd figure did not change the overall picture of GBP growth, which still shows the signs of correction. At the same time, the wave c looks prolonged because of the formed lengthening of the 3rd in c. If it is true, next target of the present growth of the quotations can be the level of 1.5555 corresponding 50.0% correction of the whole decreasing trend shaped between November 16 and May 20. The existing MACD divergence signals about coming reversal of the market in favor of the US dollar.
