A flat correction

12 July 2016, GBP/USD

The price has stood still waiting for the news, so today we can hardly expect a strong movement. Obviously, correction in the form of the flat will continue. Nevertheless, the overall picture still looks bearish, so in the future we expected to a downward exit of the pair in the impulse form caused by development of the wave [iii].

Vasiliy Lukin
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
© 2004—2018 FreshForex – Forex broker
manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call