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The Pound is breaking up

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

Vasiliy Lukin
FreshForex Analyst
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