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The pair is to continue to grow

The pair is to continue to grow | 15 October 2015

15 October 2015, GBP/USD

This pair has showed a sharp impulse surge, which was assumed and expected by us.

Obviously, this is due to formation of the wave iii of the upward momentum.

It should be noted that at present, specified impulse wave is far from completion, so in the future we obviously expect a continuation of the impulse strengthening of the British currency.

The target of the expected growth of the pair is 1.5700.

ready to continue to grow.

Vasiliy Lukin
FreshForex Analyst
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