The upward movement has not yet exhausted its potential | 13 Oktober 2015
13 Oktober 2015, GBP/USD
The pound continues to control the situation confidently without giving sellers a single chance for resumption of movement in the downward direction.
In addition, upward movement has still a very good potential as targets have not been reached yet.
Thus, in the near future we expect a continued impulse growth of the pair as part of the wave (iii), the nearest goal is 1.5650.
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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.
