Impulse growth | 04 February 2016
04 February 2016, GBP/USD
The Pound is trying to keep up with its rival through the continent and also take an advantage of a sudden weakness of the US dollar.
We assume that the wave iii of the upward momentum is being formed.
At the moment, the momentum is far from being complete, so in the near future we can expect further growth of the pair.
So the wave of the ascending impulse is supposedely being formed and inside it iii is developing.
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.
