manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Drop does not seem to exhaust its potential

15 January 2016, GBP/USD

The considered pair remains under pressure of sellers and meanwhile the situation makes us expect another bearish wave in the future.

Probably this drop is caused by development of zigzag, in which at present the wave [c] is being formed and took a proper impulse shape.

So, if this assumption is correct, in the near future we can expect drop caused by development of the wave v of [c] of (y).

Drop does not seem to exhaust its potential

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .