Buying seem to be promising

15 December 2015, GBP/USD

The Pound was forced to suffer from a little discomfort due to a sharp rebuff of sellers and once again managed to turn the tide in its favor, although failed to reach a local High.

It is possible that we witness extension of the wave iii of the upward momentum.

Thus, in the near future, we expect further strengthening of the British currency.

But we shall not exlude that the pair will continue a flat correction.

Buying seem to be promising

Vasiliy Lukin
FreshForex Analyst
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