Correction seems to continue its development | 26 May 2015
26 May 2015, GBP/USD
26 May of 2015, GBP/USD
We suppose that correction is formed on this pair, which is associated with development of the wave ii of emerging ascending impulse.
The named correctional wabe is formed as zigzug in which the wave [b] is currently evolving.
Meanwhile the named wave seems incomplete, so in the nearest time we expect growth and decline within a short frame, whereupon we may speak about development of correction.
You'd better abstain from trading on such market and wait for a more clear scenario.
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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
Analista de la empresa" FreshForex
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