manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Log in

Ongoing development of the wave [ii]

23 October 2015, GBP/USD

In this pair so far everything is quiet, no significant changes have happened.

The British currency did not succumb to provocations on the part of bears that could bring down the euro.

As a result, the pair has almost remained in place.

Thus, it is possible that at the moment we have formation of correction due to development of the wave [ii].

In the future, the price is expected to decline, which depth is not clear, therefore, it is buy better to buy on breakdown of the wave [i], with the help of a pending order.

Ongoing development of wave [ii].

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .