Log in

Reversal took place

22 January 2016, GBP/USD

The considered pair did something we expected for so long: the price has reversed.

This has happened as usual, through a sharp surge in activity of sellers, followed by at least an active response of buyers immediately after playing a sharp decline.

So, we assume that development of the wave v of [c] is over.

Now, we obviously expect impulse growth of the pair.

Reversal took place

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.