Bulls need a break | 07 December 2015
07 December 2015, GBP/USD
The situation for this pair is similar to what now we observed around the euro/US dollar.
There was a surge from side of the buyers that led the pair to a sharp rise, then the upward movement stopped and the pair began to roll away.
It is clear in the near future we expect formation of the flat correction.
Then we assume that the pair will continue to develop of an upward impulse.
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.
