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Pair decrease continues

29 February 2016, GBP/USD

Pound is probably finishing wave iii of [v] of decreasing impulse.

After small down movement we are expecting correction develop in limits of main possibility.

We are supposing pair’s turn back after last bearish waves would be developed.

So we are expecting continue pair decrease in range of decrease impulse after that pair would be prepared to global turn back.

Pair decrease continues

Vasiliy Lukin
Analyst of «FreshForex» company
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