Impulse growth is not over yet | 01 April 2016

01 April 2016, GBP/USD

This pair sticks to our scenario.

In contrast to the euro, the pound was not strong enough to continue to strengthen against the US currency.

As a result, the pair started to decline and formed a kind of zigzag, which indicates the possibility of further growth of the pair.

Thus, in the near future we expected a continued growth of the pair within the limits of wave 3 of the ascending impulse.

Open positions are in work and in the future I probably will open a few more deals, most likely with the help of pending orders

Impulse growth is not over yet


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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