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Impulse growth is being prepared

15 September 2015, GBP/USD

Impulse growth is being prepared

As we expected, the pound was not able to continue its strengthening against the US currency. Instead, it preferred go to to another correctional turn.

So, the wave ii was supposedly formed, and it belongs to the emerging upward impulse.

Thus, in the near future we may expect continuation of a small correction, then the pair will resume growth.

Impulse growth is being prepared

Vasiliy Lukin
FreshForex Analyst
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