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Correction will continue its development

01 July 2016, GBP/USD

It is possible that the price will rebound from the Low again, thus continuing to develop a zigzag correction. So we don't need to hurry up with the opening Sell trades. It is better to wait for the completion of the wave [ii] of the downward momentum, and only then look for opportunities to enter into trades at better prices. A protective stop loss also should not be forgotten

Vasiliy Lukin
FreshForex Analyst
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