The upward momentum is being finalized | 21 Juni 2016

21 Juni 2016, GBP/USD

By now, almost all the waves, except for the final fifth wave 5 seem to be formed.

Therefore, in the near future, we obviously expect growth to continue, in which these waves and ensire momentum will finally be formed. Now the correction is about to be formed followed by decline. Now I recommend cautious buying on the wave 5, then we should look at sales.

The upward momentum is being finalized


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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