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The upward momentum is being finalized

21 June 2016, GBP/USD

By now, almost all the waves, except for the final fifth wave 5 seem to be formed.

Therefore, in the near future, we obviously expect growth to continue, in which these waves and ensire momentum will finally be formed. Now the correction is about to be formed followed by decline. Now I recommend cautious buying on the wave 5, then we should look at sales.

The upward momentum is being finalized

Vasiliy Lukin
Analyst of «FreshForex» company
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