Flat | 05 February 2016

05 February 2016, GBP/USD

Pound is a good guy and yesterday showed that british currency had a very serious intentions. The pair continues to grow, although there has been a clear decline to the end of the day, that led to the development of correction. In near future we are expecting a continue of correction forming, and that’s why you had better not wait for pair grow. In this case it is better to wait for a good moment to open a long position.

Flat


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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