18 August 2016, GBP/USD
Сorrection in the form of zigzag in the wave 2 is still developing. Later we expect another upward wave, inside which the above-mentioned corrective model will get its final shape, whereupon decline is likely will be reopened. We should open a trade only on breakdown of Low, you can set a Sell pending order.
Prior to this, it is better to watch market fluctuations from outside.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us