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Expectations remain the same

09 July 2015, GBP/USD

British currency is slowly retreating.

The pair has almost hit the last point from where it grew for the last time.

However, it has not happened and here we have a critical level. Expectations regarding growth of the pair within the frames of the wave [iii] of an ascending impulse remain the same.

So we need to wave the first confident bullish wave and enter on corrections.

Expectations remain the same

Vasiliy Lukin
Analyst of «FreshForex» company
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