Bulls begin to activate

30 September 2015, GBP/USD

The pair remains to be under bearish pressure, although some attempts to resist happen, but still no significant results were received.

It should be noted that after a slight upgrade of the Low, the price started to rebound, having formed something like double bottom .

Yes, and in general it feels that bulls want to blow off some steam, so our pending Buy order is waiting for activation.

Thus, it is possible that development of correction in the form of a Double Zigzag is over and soon we can expect growth of the pair.

Bulls begin to activate

Vasiliy Lukin
FreshForex Analyst
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