We expect the first bullish wave | 06 January 2016
06 January 2016, GBP/USD
The Pound continues to be stay in the hands of bears.
The price, though without much enthusiasm is slowly slipping down.
So, development of the wave v of [c] of (ii) has been obviously completed. This wave is the part of the final diagonal triangle.
At the moment, we can only wait for the first lead-in rising move to start to opening Buy trades
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.
