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Bulls have a chance to consolidate their positions

25 June 2015, GBP/USD

The pair cannot decide for a final attack to finish a supposed wedge.

This hesitancy is used by rivals to force the price down and if they accelerate their movement, it will be rather hard to stop them!

But until that happened, chances of bulls to develop impulse waves are preserved.

So, in the nearest time we expect formation of the wave iii of [v] an ascending impulse.

Bulls have a chance to consolidate their positions

Vasiliy Lukin
FreshForex Analyst
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