The wave [ii] of (iii) is expected to continue its formation | 20 Oktober 2015
20 Oktober 2015, GBP/USD
The pound also is in no hurry to force the events, confidently holding the price on the eariler reached levels.
Correction is caused by development of the wave [ii] of the rising impulse.
In the future we expect a slight decline of the pair, which will complete the wave [ii], and then the pair will resume its growth within the framework of [iii] wave of the rising impulse.
![expected continuation of formation of a wave [ii].](/netcat_files/Image/GBPUSDH4(40).png "expected continuation of formation of a wave [ii].")
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.
