Log in

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
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.