manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Correctional drop caused by the second wave of a beginning rising impulse

07 March 2016, GBP/USD

Pound has strengthened rapidly. This rising movement couldn’t stay unnoticed so we are expecting a further correctional decrease.

If the possibility is correct, we shall be expecting further decrease because of the forming second wave of the beginning rising impulse.

But it isn’t a good time for sell - it is better to look for the possibilities to buy.

Correctional drop caused by the second wave of a beginning rising impulse

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .