The wave 3 of [iii] is expected to develop | 22 July 2015
22 July 2015, GBP/USD
By all appearances, formation of the correctional wave 2 of [iii] on GBP/USD has finished .
Though the probability one on more drop exists, we opened 1 Buy trade.
Durable wave is supposed to emerge telling about good potential for movement of the pair.
So, in the nearest time we shall expect development of the wave 3 of [iii] of an ascending impulse .
![The wave 3 of [iii] is expected to develop](/netcat_files/Image/gbpusdh4(700).png "The wave 3 of [iii] is expected to develop")
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.
