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Time for purchase is coming

Time for purchase is coming | 20 January 2016

20 January 2016, GBP/USD

The Pound continues to give ground, which despairs those who bought it in the hope of an early rebound.

Now the wave frame points to the possibility of completion of the wave [c] of an assumed double zigzag, which at the moment is forming the final wave v.

So, if this assumption is true, in the near future we expect a slight decline and first signs of reversal

Time for purchase is coming

Vasiliy Lukin
FreshForex Analyst
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