Correction is over; we shall expect an impulse growth | 14 July 2015
14 July 2015, GBP/USD
This pair has formed formation of zigzug represented by the wave [ii].
Right after this correctional wave has emerged, an abrupt growth took place which is perhaps the first wave of the emerging ascending impulse – namely, the wave [iii].
If our assumption is correct, after a slight correction the pair is going to resume its impulse growth.
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