Impulse growth is expected to continue | 02 November 2015

02 November 2015, GBP/USD

I managed to enter long on the completion of the assumed correctional wave [ii].

The pair had a nice surge, but the target has not been reached yet.

Since we assume formation of the wave [iii] of the rising momentum, growth of the pair is expected to be durable and notable.

Before the pair resume its growth, we expect a corrective decline.


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
Close
Login