It would be good to restart rising.

23 March 2016, GBP/USD

After inspired rising pound has stopped and then it has swiftly decreased.

The level from which pair started to rise is nearby...

But bull has chances to change situation. Probably this decrease has correction character because of development of 2 wave of rising impulse.

It is nearly level from which price could bounced and start rising. At this time price could get higher level because it can determine of development 3 wave of rising impulse.

So it could be chance for buy to gain profit the main question is when pair starts rising.

It would be good to restart rising.

Vasiliy Lukin
FreshForex Analyst
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