Impulse growth is expected | 20 November 2015
20 November 2015, GBP/USD
Bullish mood also prevails for this trading instrument.
However, buyers failed to develop their success, the upward movement was dramatically fought off by the rival forces.
It seems that this stop is only corrective in nature and its length would be short-lived.
So in general we obviously expect a continuation of impulse growth of the pair within the frames of the 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.
