Log in

Impulse continues to develop

29 April 2015, GBP/USD

Unlike Euro, Pound takes much intensive paces of consolidation. The pair had grown so much that we can suppose that the wave [iii] of observed ascending impulse has already been formed and the price may start correcting to develop wave [iv]. Though we think it is the other way round and growth continues. Euro has a fine potential and Pound is unlikely to spend time in waiting. So, in the nearest time we will see continuation of impulse development of the pair associated with development of the wave [iii].

Impulse continues to develop

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.