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At a loss

21 August 2015, GBP/USD

The pair has frozen in a indecisive confusion. The level has been broken, but what to do with it next? Decline would be silly, so much effort were given to climb through this level. But something is not enough for growth!

In general, the wave pattern favors bulls, as it is likely that the pair is slowly trying to accelerate and begin development of a third pulse wave.

Meanwhile it is not possible, but in the near future we may be witnessing the powerful impulse of the upward movement.

at a loss

Vasiliy Lukin
FreshForex Analyst
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