Log in

The turning point for British currency

23 June 2016, GBP/USD

I assume that the upward movement is formed in the wave 5 and is not over yet. So we expect further strengthening of the British currency. Then we expect a corrective decline to start, but the referendum may exert a strong influence on the wave frame.

That is why now it is better to refrain from any actions and watch the price fluctuations from the outside.

Vasiliy Lukin
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.