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Trust towards bulls is bating day by day, but it is still here!

08 July 2015, GBP/USD

Our previous forecast turned to be fallacious, because the pair fell down and broke critical level. So, we have adjusted our wave frame.

Updated plan also provides domination of bulls.

We assume that an ascending impulse has been formed but it is a part of the wave [i].

Current decline is has a correctional nature and is represented by the wave [ii].

Besides, this wave has been finally developed and in the nearest time we expect renewal of impulse growth of the pair within the frames of formation of the wave [iii].

Trust towards bulls is bating day by day, but it is still here! !

Vasiliy Lukin
Analyst of «FreshForex» company
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