Reversal is close | 12 January 2016

12 January 2016, GBP/USD

The Pound remains under a selling pressure without being able to make even a slight rebound.

But it can take a long time, a rebound should occur. We just have to be patient and open a Buy trade at the best price.

Thus, in the near future, we expect a continuation of decline of the pair, in which the wave (b) will take the final form

Reversal is close

The Pound remains under a selling pressure without being able to make even a slight rebound.

But it can take a long time, a rebound should occur. We just have to be patient and open a Buy trade at the best price.

Thus, in the near future, we expect a continuation of decline of the pair, in which the wave (b) will take the final form


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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