Correction decline is expected | 16 November 2015
16 November 2015, GBP/USD
Pound obviously can also change its plans, or more exactly, will be forced to do it.
The most probable option is decline caused by development of correction.
It is likely that the correction can be very deep, however update of Low is not expected.
Thus, in the near future we expect corrective weakness of the pair, after which growth will obviously be resumed.
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.
