Impulse growth is expected | 02 June 2015

02 June 2015, GBP/USD

The pound continues to be pressed by bears.

Though from the viewpoint of wave analysis, zigzug correction has been formed, the pair holds off on its growth.

Perhaps, final subwaves of the wave [c] of ii are being formed.

If this assumption is correct, then we expect that a slight decline will be followed by renewal of impulse growth of the pair.

Impulse growth is expected.

Vasiliy Lukin
FreshForex Analyst
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