29 October 2015, GBP/USD
We assume that correctional decline of this pair associated with development of the wave [ii] has reached its goal.
The price fell to 61.8% fibo from the assumed wave [i] and now has the potential to rebound from it and start form the wave [iii] of the rising impulse.
However, for a more secure entrance, I would recommend using a pending order to buy - Buy Stop - because if our assumptions prove to be wronf, we simply will have nothing to lose, but if the impulse takes place, we will avail from this movement.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us