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Development of the 3rd wave an ascending impulse has started

23 July 2015, GBP/USD

Development of the 3rd wave an ascending impulse has started

By all appearances, an ascending impulse has started to develop.

The pair has started to grow slowly but steadily and the price has supposedly moved to form the wave 3 of [iii].

Thus, if our above-mentioned assumption is correct, further we shall expect a good upward movement in the impulse form, so we may try to earn on that.

Development of the 3rd wave an ascending impulse has started

Vasiliy Lukin
Analyst of «FreshForex» company
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