Growth within the wave iii | 28 January 2016
28 January 2016, GBP/USD
The considered pair is apparently forming a shallow corrective wave ii of the incipient upward impulse.
Probably, the British currency has decided to wait for the euro to begin to rise against the US dollar along with it.
Anyway, the situation still looks bullish, so in the future we expect development of a notable impulse growth caused by formation of the wave iii
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.
