It's time to prepare to buy | 19 January 2016

19 January 2016, GBP/USD

The Pound is slowly maturing, continuing to retreat its positions and wait for the right moment to run a counter-attack.

In addition, the situation favors beginning growth, cause we assume that at present the wave v of [c] of (y) is being formed.

So if this assumption is true, in the near future, a small drop of the price will be followed by a sharp beginning of impulse growth.

By now I have already opened one Buy trade, let's see how events will develop further.

It's time to prepare to buy

Vasiliy Lukin
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .