Third impulse wave is still evolving | 08 February 2016
08 February 2016, GBP/USD
The Pound has apparently spent a lot of effort to surge and this caused an almost immediate drop.
It is most likely that current slipping of the price has a corrective nature.
If this assumption is correct, in the future we can expect resumption of impulse growth of the pair within the borders of the wave iii.
It is most likely that current slipping of the price has a corrective nature.
If this assumption is correct, in the future we can expect resumption of impulse growth of the pair within the borders 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.
