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Small correction is prepared

14 September 2015, GBP/USD

After a pretty strong growth, the British currency decided to slow down a bit, giving itself a break.

As a result, we have received a slight pullback and further growth could not update the local High, which indicates the continuation of correction in the future.

Based on these assumptions, we can conclude that in the near future we can expect flat, followed by a slight decrease.

This is due to the formation of the correctional wave ii.

Preparing a small correction.

Vasiliy Lukin
Analyst of «FreshForex» company
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