It is time for a correctional development of wave iv of [v] | 02 مارس 2016

02 مارس 2016, GBP/USD

Correction of the pound continues because of developing of iv wav of [v].

For making full structure, the price should go according lines which has been drawn on the chart.

As we can see from the chart, after correction we are expecting restart of the pair's drop because of forming of the final wave v of [v] the downward impulse.

It is better not to buy now.

It is time for a correctional development of wave iv of [v]


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.
Vasiliy Lukin
محلل شركة FreshForex
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