Impulse growth is not over yet

01 April 2016, GBP/USD

This pair sticks to our scenario.

In contrast to the euro, the pound was not strong enough to continue to strengthen against the US currency.

As a result, the pair started to decline and formed a kind of zigzag, which indicates the possibility of further growth of the pair.

Thus, in the near future we expected a continued growth of the pair within the limits of wave 3 of the ascending impulse.

Open positions are in work and in the future I probably will open a few more deals, most likely with the help of pending orders

Impulse growth is not over yet

Vasiliy Lukin
FreshForex Analyst
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