Log in

Impulse growth is expected

20 November 2015, GBP/USD

Bullish mood also prevails for this trading instrument.

However, buyers failed to develop their success, the upward movement was dramatically fought off by the rival forces.

It seems that this stop is only corrective in nature and its length would be short-lived.

So in general we obviously expect a continuation of impulse growth of the pair within the frames of the wave (iii)

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.