Impulse growth continues | 11 December 2015

11 December 2015, GBP/USD

In this pair the situation is similar to the scenario being implemened by the euro/dollar, with the only difference that the correction is not as deep.

Besides, the Pound clearly showa that it intends to continue to strengthen.

Thus, it is quite possible that in the near future we will see a continued impulse growth associated with development of the third wave.

Based on that, I open another Buy trade. We are waiting for further developments

Impulse growth continues

Vasiliy Lukin
FreshForex Analyst
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