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Waiting for iii wave

08 June 2016, GBP/USD

The pound\dollar continues and probably will continue to feverish till the referendum, referred in the previous review. Therefore, as already mentioned, in order to avoid any unpleasant surprises you had better not trade with this currency pair till it. However, this does not prevent us to put forward its judgments and assumptions, although since yesterday there is little that has changed. It is possible that the correction formation (in the form of a zigzag) in ii wave is complete now. Thus in the near future we may see the beginning of a sharp pulse reduction within the development of iii wave, the same downward momentum.Waiting for iii wave

Vasiliy Lukin
Analyst of «FreshForex» company
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