A start of a protracted decline? | 27 Juni 2016
27 Juni 2016, GBP/USD
From the point of view of the weekly timeframe, the wave C of zigzag in the impulse form is being formed now. The wave iii is at the very beginning of its development, so, in the future we can expect a protracted decline within the frames of the considered scenario. Sales are the most appropriate solution in terms of the opening of trading positions.
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.
