manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
QIWIInstant top-up
Log in

Pound is at the bottom

14 January 2016, GBP/USD

The British currency continues to face certain difficulties in confrontation with the US dollar.

Almost for a month The Pound has been steadily losing ground and it's probably not the limit, but the bottom is close.

We assume that by this time completed the formation of wave iii of [c] of (y) is over.

So in the future we expect development of two waves - iv and v - then it is possible to expect a reversal and start of rapid growth.

As long there are no signs of growth, we are better to stay aside.

Pound is at the bottom

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.