Development of the wave iii of the upward momentum | 16 September 2015
16 September 2015, GBP/USD
In this pair, formation of the correctional wave ii has been presumably completed.
On the basis of these assumptions, I open Buy trade, as in the future I expect development of a good upward impulse wave iii.
It is important to note that the upward movement has a good potential, whereas risks are low.
The goal of expected growth is the area of 1.5780.
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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.
