Impulse growth | 26 January 2016

26 January 2016, GBP/USD

The Pound began to wake up and has formed the lead-in upward impulse wave.

Now, in the near future, we are more likely to expect a continuation of impulse growth of the pair.

It is also worth noting that now it is a favorable situation to open long positions, since after the first lead-in wave there was a pullback and thus we have an opportunity to ented based on more favorable prices with a small Stop Loss.

Impulse growth


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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