Perhaps beginning of the wave [iii] | 28 October 2015
28 October 2015, GBP/USD
This pair could finish an assumed corrective decline within the frames of development of the wave [ii].
Price was dropping by 61.8% Fibo, and from this level an aburpt impulse rise of the pair could start which can be caused by development of the wave [iii] of the rising impulse.
So, if this assumption is correct, in the near future we expect an impulse growth.
To open long positions, we should use pending orders.
![Perhaps the beginning of wave [iii].](/netcat_files/Image/GBPUSDH4(46).png "Perhaps the beginning of wave [iii].")
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.
