The iii wave is expected to be developed

02 February 2016, GBP/USD

For the pair we probably can see the start for the iii wave of upward impulse forming. Just in case, the opened position was transferred in the black. . In this situation it is worth to start buying, stop-loss is big and the potential profit, that is not equal to loss, is good. Thus, in the nearest time the development of the iii wave of the upward impulse is waited.

The iii wave is expected to be developed

Vasiliy Lukin
FreshForex Analyst
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