British currency is ready for consolidation | 07 July 2015
07 July 2015, GBP/USD
British currency is ready for consolidation, but those who can contribute to that are still indecisive .
The chart clearly shows zigzug which, by all appearances, has formed as the wave 4 of a supposed ascending impulse.
After that, bulls started to work actively, but it did not led to a further growth.
Perhaps, it will happen today.
If our assumption is correct, in the nearest time we will see development of an impulse growth associated with developemnt of the wave 5.
.png "British currency is ready for consolidation.")
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.
