The wave [ii] of (iii) is expected to continue its formation

20 October 2015, GBP/USD

The pound also is in no hurry to force the events, confidently holding the price on the eariler reached levels.

Correction is caused by development of the wave [ii] of the rising impulse.

In the future we expect a slight decline of the pair, which will complete the wave [ii], and then the pair will resume its growth within the framework of [iii] wave of the rising impulse.

 expected continuation of formation of a wave [ii].

FreshForex Analyst
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