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A further consolidation of Pound is expected

27 April 2015, GBP/USD

A further consolidation of Pound is expected This pair also successfully follows the scenario of bulls. Probably at this moment the wave [iii] of emerging impulse is being formed. Since this wave looks incompleted, in the nearest time we expect continuation of impulse growth. So, we have got ascending impulse scenario for both euro/usd and pound /usd. It means that you need to look for opportunities to Open long on these pairs.

Vasiliy Lukin
FreshForex Analyst
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