Published July 20th, 2009 - 06:59 GMT Al Bawaba A triangle may be in its latter stages in the GBPUSD. Triangles consist of 5 waves (a-b-c-d-e) and the rally from 1.5980 would be wave d of the triangle. Favor the downside to at least 1.6260 near term. LatestPopular Barış Arduç and Farah Zeynep Abdullah lead horror film “SOY” UAE deploys Israeli Iron Dome to intercept Iranian barrage 3 killed, 25 injured in fireworks factory explosion in central China UKMTO reports attacks and fires on vessels off UAE ports of Dubai and Saqr UAE intercepts Iranian missiles as fire breaks out at Fujairah oil facility Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news