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Impulse growth is expected

27 July 2015, GBP/USD

As Euro in current situation, the Pound shall be preferred to its rival currency.

This is due to the fact that development of a correctional wave 2 of an upward momentum shaped as a plain Zigzag, has supposedly finished its formation.

So, if this assumption is true, in the near future we shall expect a strong growth impulse within the frames of development of wave 3 of [iii].

Impulse growth is expected

Vasiliy Lukin
Analyst of «FreshForex» company
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