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Growth is expected to continue

06 May 2015, GBP/USD

Here is a short review of current state of GBP/USD pair.

Growth is expected to continue.

As we expected, bulls did not allow their rivals to force the price below a critical level.

So, a supposed ascending impulse preserves its potential.

As of now, wave [v] is supposed to evolve.

To conclude, in the nearest time we expect continuation of impulse growth of the pair and in this course a local High will be updated.

Growth is expected to continue

Vasiliy Lukin
FreshForex Analyst
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