Correctional drop caused by the second wave of a beginning rising impulse | 07 مارس 2016
07 مارس 2016, GBP/USD
Pound has strengthened rapidly. This rising movement couldn’t stay unnoticed so we are expecting a further correctional decrease.
If the possibility is correct, we shall be expecting further decrease because of the forming second wave of the beginning rising impulse.
But it isn’t a good time for sell - it is better to look for the possibilities to buy.
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.
