Correction | 31 Maret 2016
31 Maret 2016, GBP/USD
In contrast to Euro, Pound has failed to reach the local peak, although bulls made such an attempt twice.As a result, a kind of the Double Top has been formed, and the price began to slide down slowly.
Probably here the upward directional movement has turned into correction, which can take a few days. In such a situation it is better to avoid active trading and keep opened buy deals, because in the future we expected impulse growth to resume in the framework of the wave 3.
In the future it will be possible to open additional Buy trades
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.
