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Scenario of bulls is still in effect

Scenario of bulls is still in effect | 06 July 2015

06 July 2015, GBP/USD

Situation around Pound remains the same.

Bears are slowly forcing the price down to the critical level.

Though bulls have a chance to turn situation to their side.

So, once the critical level is not broken, the main plan is the one which provides impulse growth associated with formation of the wave 5 of an ascending impulse.

Scenario of bulls is still in effect .

Vasiliy Lukin
FreshForex Analyst
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