British Pound To Test 2.0000

[B]Commentary[/B]: From yesterday “look for weakness/consolidation for the rest of the New York session before the 5th wave rally begins (which should exceed 1.9947).”

Cable has thrust higher in a 5th wave which is likely to subdivide higher. Potential resistance is at the 161.8% extension of 1.9883-1.9939/1.9910 at 2.0001 and where wave 5 (beginning at 1.9883) would equal wave 1 (1.9621-1.9780) at 2.0042. [B]Strategy[/B]: None