A flat correction | 12 July 2016
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].
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
