Impulse growth

04 February 2016, GBP/USD

The Pound is trying to keep up with its rival through the continent and also take an advantage of a sudden weakness of the US dollar.

We assume that the wave iii of the upward momentum is being formed.

At the moment, the momentum is far from being complete, so in the near future we can expect further growth of the pair.

So the wave of the ascending impulse is supposedely being formed and inside it iii is developing.

Impulse growth

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Close
Log in
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 .
© 2004—2018 FreshForex – Forex broker
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Call

Get bonus