Bulls begin to activate | 30 سبتمبر 2015
30 سبتمبر 2015, GBP/USD
The pair remains to be under bearish pressure, although some attempts to resist happen, but still no significant results were received.
It should be noted that after a slight upgrade of the Low, the price started to rebound, having formed something like double bottom .
Yes, and in general it feels that bulls want to blow off some steam, so our pending Buy order is waiting for activation.
Thus, it is possible that development of correction in the form of a Double Zigzag is over and soon we can expect growth of the pair.
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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.
