It looks like beginning of an impulse growth | 10 July 2015
10 July 2015, GBP/USD
The past trading day was quite lucky for bulls. At least, they managed to stop pressure of sellers.
Besides, the pair has demonstrated a slight growth.
Perhaps, the correctional wave [ii] has already been formed.
If our assumption is correct, the British currency has fine chanced to start consolidation within the frames of the mentioned wave [iii].
In this regard, we should look closer to purchases.
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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.
