A continued correction | 17 June 2016
17 June 2016, GBP/USD
Perhaps the price has completed to form the wave 1 of iii downward momentum. At the same time, probably, it is developing the correctional wave 2 of iii.
So far, the correction looks unfinished, so in the near future we can expect a continued flat. However, no matter how the situation can develop, trading with the pound before the referendum is not necessary, as everything can happen.
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.
