Purchases are still possible | 16 June 2015

16 June 2015, GBP/USD

No significant changes are here.

Wave marking and expectations remain the same.

I'll remind that now we supposedly have an ascending impulse, in which the wave 3 of [i] of iii is being formed.

So, if this assumption is correct, a slight correction will be followed by an impulse growth of the pair.

We also should note that bulls have a great potential!

Purchases are still possible.

Vasiliy Lukin
FreshForex Analyst
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