Pound is doomed | 08 Juli 2016
08 Juli 2016, GBP/USD
Probably, at the moment the wave [iii] of the descending impulse is being formed, which is far from being completed. In short, there is a very good potential for a deeper drop, so we should not of purchases. To open mire trades, we should wait for the update of a local Low by the price either enter into a position via a pending Sell Stop order.
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.
