Growth gathered to a head

03 July 2015, GBP/USD

The same way as Euro does, Pound is not in a hurry to accomplish new Highs. Yhis currency is also concerned with the Greek question.

Though, in the terms of wave movement, the pair should have head for drawing the wave 5of an ascending impulse .

It is far from reaching a critical level, so bulls have a space but they should be able to perform on time.

Maybe today we will see development of an ascending impulse associated with the wave 5.

Growth gathered to a head.

Vasiliy Lukin
FreshForex Analyst
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