The wave [iii] has probably finished to develop

30 April 2015, GBP/USD

The Pound has exceed all expectations. British pound has not only grown but its growth was also very confident. Yesterday was again the day when bulls took the advantage.

Yesterday’s growth has supposedly formed the wave [iii] of an ascending impulse.

So, if the above-mentioned statement is true, soon we will face the beginning of correctional movement resulting in the formation of the wave [iv].

The wave [iii] has probably finished to develop

Roman Petukhov
FreshForex Analyst
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