Pound has to wake up

22 December 2015, GBP/USD

The pound shows no sign of life. But in this light, it looks strange that the US dollar does not continue its attacks.

The price just froze. In such situations a notable movement often occurs.

In this case, we assume that expected enhancment of buyers especially caused by waves completed the final diagonal triangle.

Thus, in the near future we expecte an upward momentum of the price movement to manifest itself.

Pound has to wake up

Vasiliy Lukin
FreshForex Analyst
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