manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Correction decline is expected

16 November 2015, GBP/USD

Pound obviously can also change its plans, or more exactly, will be forced to do it.

The most probable option is decline caused by development of correction.

It is likely that the correction can be very deep, however update of Low is not expected.

Thus, in the near future we expect corrective weakness of the pair, after which growth will obviously be resumed.

Correction decline is expected

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.