GBP/USD Update (17/12/15)

Cable is at a important support @ 1.49.
If it is to go further down (which is likely), Bull will wait to put a fight @ 1.482x to 1.485x region..

Once the rate hike frenzy is over and if the pair is to hold 1.49x strongly, we shall see it visit 1.50 again..

Wave Analysis: Down
PA: Down

I am netural for now//