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

Start for growth

01 February 2016, GBP/USD

As usual at pivot, the price returns to the starting point of the beginning of its movement, thereby knocking out the most cautious traders opened their true position. Here we can see the same situation, there was a pivot and ascending impulse starts its movement, but suddenly bears returned the price to starting point. Now there is a price attempt to renew upward movement. Perhaps a sharp decline was due to the continuation of development of the correctional wave - ii. Thus, this wave seems complete, so in the near future we obviously expect pulse growth of pair within the limits of iii wave.

Start for growth

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.