The Pound is breaking up | 19 November 2015

19 November 2015, GBP/USD

The Pound managed to keep their positions, not allowing bears to do the same they did with the Euro.

For that it was paid tribute and the British currency started to grow.

So, presumably, development of the wave (iii) of the upward momentum continued.

Based on expectation of this scenario, I opened a Buy trade, the potential of movement seems to be very good, I will support my deal with the trailing stop


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Vasiliy Lukin
FreshForex Analyst
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