Pair decrease continues | 29 February 2016

29 February 2016, GBP/USD

Pound is probably finishing wave iii of [v] of decreasing impulse.

After small down movement we are expecting correction develop in limits of main possibility.

We are supposing pair’s turn back after last bearish waves would be developed.

So we are expecting continue pair decrease in range of decrease impulse after that pair would be prepared to global turn back.

Pair decrease continues


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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