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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
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