Supposedly the corrective decline of the pair is over | 06 November 2015

06 November 2015, GBP/USD

The pound did not stand the pressure from sellers and strongly receded from its position, which led to a strong decline and updating the previous minimum. However, there is a chance that this decline was due to the development of the wave with of [ii], the beginning upward impulse. Thus, soon we can expect for the resumption of impulse growth of the pair within the development of wave [iii].Supposedly the corrective decline of the pair is over

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .