The Pound went to the third upward impulse wave

11 August 2015, GBP/USD

The Pound unlike the Euro didn’t used the weakness of The Dollar.

As a result there was an impulse growth of the pair, obviously, due to the wave 3 of [iii] developing of ascending impulse.

If our assumption is correct there is a good potential for the further british currency strengtheningу in developing of the third impulse wave.

Pound went to the third upward impulse wave

Vasiliy Lukin
FreshForex Analyst
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