The Pound went to the third upward impulse wave | 11 August 2015

11 August 2015, GBP/USD

The Pound unlike the Euro didn’t used the weakness of The Dollar.

As a result there was an impulse growth of the pair, obviously, due to the wave 3 of [iii] developing of ascending impulse.

If our assumption is correct there is a good potential for the further british currency strengtheningу in developing of the third impulse wave.

Pound went to the third upward impulse wave


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.
Vasiliy Lukin
FreshForex Analyst
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