Bulls are still expected to rule | 24 Juli 2015

24 Juli 2015, GBP/USD

Correction on this pair has continued its development.

The price has reversed after its abrupt upward movement and started to decline again.

Meanwhile, this movement has not impacted on the wave scenario, which is still relevant.

So, further, after a slight decline, we shall probably expect renewal of an impulse growth of the pair within the frames of development of the wave 3.

Bulls are still expected to rule


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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