The wave [ii] is about to complete its formation | 21 اكتوبر 2015
21 اكتوبر 2015, GBP/USD
The pound with the dollar are also not about to make any emotional movements.
The pair was traded within the correction, which was caused by the wave [ii] of the emerging upward impulse.
Based on this data, we can assume that in the near future formation of the flat will continue, then bulls will go activate, which will lead to the impulseof growth of the pair within development of the wave [iii].
Thus, soon it will be possible to begin to consider opening long positions.
![A wave [ii] is about to complete its formation.](/netcat_files/Image/GBPUSDH4(41).png "wave [ii] is about to complete its formation.")
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.
