Bulls are attacking! | 20 June 2016

20 June 2016, GBP/USD

The bearish scenario appears to be canceled.

It is possible that development of zigzag was completed on Friday, the current growth is likely to be the start of the upward momentum, in which the first three waves have already been formed.

In the near future the development of a small correction is expected, whereupon the pair will continue growing.

So, buying is the most appropriate solution for trade.

Bulls are attacking!

Vasiliy Lukin
FreshForex Analyst
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