Correction is expected to continue its development | 21 May 2015
21 May 2015, GBP/USD
May 21 of 2015, GBP/USD
Meanwhile, GBP/USD looks as it is in correction.
Formation of a correctional impulse which is represented by i wave, was followed by a decline of a correctional character.
In this correction the wave [a] of ii has been supposedly formed.
So, in the nearest time, we expect development of waves [b] and [c] of ii. That will lead to continuation of a flat movement.
.png "Ожидается продолжение развития коррекции.")
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.
