The first step was made | 02 December 2015

02 December 2015, GBP/USD

Having rebounded from the bottom side of the intended end of the triangle, the Pound along with the euro is going to attempt to start development of the impulse growth.

At least one step was made, now we need confirmation which would be a more confident and protracted movement in the intended direction.

In the meantime, the price has frozen, allowing the two opposing sides to make a bet.

We shall use such a possibility, because potential loss is less than the potential profit in several times.

The first step was made


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
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