Correction is expected to continue its development | 25 Mei 2015
25 Mei 2015, GBP/USD
25 May of 2015, GBP/USD
This pair follows our forecast exactly.
Once an ascending impulse has been formed, a decline started which seems to have a correctional character and is repesented by the wave ii.
However, it is early to speak that formation of this wave ii has been finished. The reason is that correction may have a more complex shape.
Therefore, we don't need to trade in this situation, so it is better to wait when things will get more clear and act for sure.
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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
Analis perusahaan "FreshForex"
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