Into the third downward impulse wave | 10 May 2016

10 May 2016, GBP/USD

We probably expect a continued decline.

Besides, I expected that the downward movement will take place within the frames of the descending impulse wave 3, so I expect quite a good movement. Thus, sales are relevant like never before and there is a good potential for profit-taking, which we shall take advantage from

We probably expect a continued decline.

Besides, I expected that the downward movement will take place within the frames of the descending impulse wave 3, so I expect quite a good movement. Thus, sales are relevant like never before and there is a good potential for profit-taking, which we shall take advantage from


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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