Log in

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
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.