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The upward movement has a priority

The upward movement has a priority | 27 November 2015

27 November 2015, GBP/USD

As for the considered pair, no significant changes have happened, because the previous trading day in the USA was holiday.

So, the pair also had been standing still for the whole day.

In this regard, our expectations on this pair remain the same.

In the future, we expect acceleration of impulse development of the pair caused by formation of the ascending impulse wave iii. The upward movement has a priority

Vasiliy Lukin
FreshForex Analyst
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