Vacations for correction | 21 مارس 2016
21 مارس 2016, GBP/USD
Now there is nothing to be concerned about, when it comes to the pair GBP/USD. As is the case with the euro, the pair is probably at the corrective stage.
On the chart below we can easily identify the upward momentum represented by the wave 1 of iii.
Thus, this correctional decline is expected to last for some time, in any way at the moment it is at the initial stage of its development.
In this situation, it is recommended to take the role of an outside observer, without interfering.
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.
