Development of a correctional decline is possible | 19 يونيو 2015
19 يونيو 2015, GBP/USD
Pound was able to accelerate so that High was updated. However, it lacks potential to grow further.
We suppose that this ascending movement contributed to development of the wave 3 of iii.
So, in the nearest times we expect that the pair will soon start its correctional decline.
Based on this expectation, we opened Sell position to take around 100 points.
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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.
