Waiting for iii wave | 08 June 2016
08 June 2016, GBP/USD
The pound\dollar continues and probably will continue to feverish till the referendum, referred in the previous review. Therefore, as already mentioned, in order to avoid any unpleasant surprises you had better not trade with this currency pair till it. However, this does not prevent us to put forward its judgments and assumptions, although since yesterday there is little that has changed. It is possible that the correction formation (in the form of a zigzag) in ii wave is complete now. Thus in the near future we may see the beginning of a sharp pulse reduction within the development of iii wave, the same downward momentum.
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.
