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It's time to prepare to buy

19 January 2016, GBP/USD

The Pound is slowly maturing, continuing to retreat its positions and wait for the right moment to run a counter-attack.

In addition, the situation favors beginning growth, cause we assume that at present the wave v of [c] of (y) is being formed.

So if this assumption is true, in the near future, a small drop of the price will be followed by a sharp beginning of impulse growth.

By now I have already opened one Buy trade, let's see how events will develop further.

It's time to prepare to buy

Vasiliy Lukin
Analyst of «FreshForex» company
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