Ready to resume an upward impulsive move
09 December 2015, GBP/USD
Once again, the Pound has proved that it is a far more volatile currency than the euro is.
Staying within the assumed correction, the price dropped quite well thereby forming correction 61.8% from the previous upward movement.
So, it was supposedly a correctional wave.
In the future we expect resumption of the impulse growth, in which the third wave of momentum will be formed.
Based on these expectations, I opened two Buy trades.
Vasiliy LukinAnalyst of «FreshForex» company
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