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Correction decline is expected

18 June 2015, GBP/USD

Unlike Pound, Euro is confidently consolidating against US currency.

Yestarday was dynamic again and growth was above our expectations whereas the pair was groing along with start of development of the wave 4 of [i].

It is obvious that formation of specified correctional model was postponed and a decline is possible associated with development of the wave 4 which is expected soon.

So, correction decline is expected soon.

Correction decline is expected.

Vasiliy Lukin
FreshForex Analyst
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