Sales | 05 Juli 2016
05 Juli 2016, GBP/USD
The pair started to slide down and has closely approached low going to update it. Correction under the wave [ii] has been completed and the price is ready to go down to the borders of the wave [ iii] of the downward momentum.
Anticipating this impulse wave, I'be opened a Sell transaction with the Stop Loss set to the local High. Now I'm patiently waiting for further developments.
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.
