Correction decline is expected | 18 Juni 2015

18 Juni 2015, GBP/USD

Unlike Pound, Euro is confidently consolidating against US currency.

Yestarday was dynamic again and growth was above our expectations whereas the pair was groing along with start of development of the wave 4 of [i].

It is obvious that formation of specified correctional model was postponed and a decline is possible associated with development of the wave 4 which is expected soon.

So, correction decline is expected soon.

Correction decline is expected.


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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