Supposedly the corrective decline of the pair is over | 06 نوفمبر 2015
06 نوفمبر 2015, GBP/USD
The pound did not stand the pressure from sellers and strongly receded from its position, which led to a strong decline and updating the previous minimum. However, there is a chance that this decline was due to the development of the wave with of [ii], the beginning upward impulse. Thus, soon we can expect for the resumption of impulse growth of the pair within the development of wave [iii].
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.
