Expectations of growth remain the same
23 September 2015, GBP/USD
In this pair the shape of an emerging rising impulse with the extension as the wave iii was spoiled by Bears.
The pair continued its steep decline reaching local-level support. Perhaps, this decline is due to development of the correctional wave ii.
If this is so, a corrective pattern took not entirely correct form, but as an option it is possible (the irregular).
So, if this assumption is correct, in the near future we can expect resumption of impulse growth of the pair.
Vasiliy LukinAnalyst of «FreshForex» company
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