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Expecting reversal

30 November 2015, GBP/USD

The price has updated the Low, but it seems that decline of the pair will be stopped.

An assumed model of the final Diagonal Triangle took a slightly different shape than we expected.

Now, soon we expect the same reversal and impulse growth of the pair associated with formation of the wave (iii) of the upward momentum.

Expecting reversal

The price has updated the Low, but it seems that decline of the pair will be stopped.

An assumed model of the final Diagonal Triangle took a slightly different shape than we expected.

Now, soon we expect the same reversal and impulse growth of the pair associated with formation of the wave (iii) of the upward momentum.

Vasiliy Lukin
Analyst of «FreshForex» company
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