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Impulse growth is expected to continue

02 November 2015, GBP/USD

I managed to enter long on the completion of the assumed correctional wave [ii].

The pair had a nice surge, but the target has not been reached yet.

Since we assume formation of the wave [iii] of the rising momentum, growth of the pair is expected to be durable and notable.

Before the pair resume its growth, we expect a corrective decline.

Vasiliy Lukin
Analyst of «FreshForex» company
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