Growth along with development of the third wave
03 September 2015, GBP/USD
The pound against the dollar has not given us anything new or surprising in recent days.
Hopes that the British currency would start an active attack are also not justified.
The price slowly and reluctantly slides down, but this reduction decline does not impact on the considered scenario.
In the near future wes expect a resumed growth of the pair caused by formation of the wave (iii). But the first lead-wave has not been formed yet and opening trades is extremely dangerous.
Vasiliy LukinAnalyst of «FreshForex» company
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