The pair forms a triangle
09 November 2015, GBP/USD
There is a difficult situation with pound/dollar. British currency dramatic receded from a position like euro. It led to decline. We had to change eye markers for this pair. Thus, according to new variant, (ii) wave is positive and it formed with (ii) wave in diagonal. If this forecast is correct, there will be a strong upward trend after small decrease.
Vasiliy LukinAnalyst of «FreshForex» company
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us