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It is time to form ii wave

10 March 2016, GBP/USD

Pound hasn’t grown so southern direction brought correction which looks unfinished.

We assume that we can observe formation of ii wave of the new rising impulse.

So correction decrease looks unfinished and we can expect pair decreasing in range of development of this ii wave.

 It is time for forming ii wave.

Pound hasn’t grown so southern direction brought correction which looks unfinished.

We assume that we can observe formation of ii wave of the new rising impulse.

So correction decrease looks unfinished and we can expect pair decreasing in range of development of this ii wave.

Vasiliy Lukin
Analyst of «FreshForex» company
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