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The pair preserves chances for further growth

The pair preserves chances for further growth | 14 October 2015

14 October 2015, GBP/USD

The pair has once again demonstrated that it is sometimes can be very changeful.

In a time when seemingly nothing portends trouble, but suddenly there was a sharp decline, which apparently is due to discharge of accumulation of bears.

However, movement currently looks as only corrective, so in the future we obviously expect resumption of the upward impulse movement based on the considered scenario.

The nearest goal is still around 1.5700.

A pair has chances for further growth.

Vasiliy Lukin
FreshForex Analyst
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