In anticipation of the impulse growth | 29 سبتمبر 2015
29 سبتمبر 2015, GBP/USD
After a pretty protracted decline, the pound takes its time when it comes to growth.
The British currency clearly lacks some push.
However, local Low was not passed, so chances to start development of the upward momentum still exist.
Anyway, opening positions now is very dangerous, so I put a pending order at price 1.5252.
It seems that breakdown of this level will make the pound gather momentum so that it can continue to grow well.
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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.
