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The Pound is ready to break the resistance level

The Pound is ready to break the resistance level | 12 August 2015

12 August 2015, GBP/USD

The Pound almost reached the resistance level and started giving up again.

We think, all of it is within the correction and in the nearest time we shall expect a fast impulse growth due to the wave structure.

So our assumption is correct in the nearest time we shall expect a fast impulse growth, when the wave 3 of [iii] forming will be continued.

The pound is ready to break the resistance level.

Vasiliy Lukin
FreshForex Analyst
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