Growth is still expected | 10 June 2015

10 June 2015, GBP/USD

The situation on this pair is similar to the situation with euro/US dollar but the difference is that this pair is rather more volatile.

Meanwhile, scenario with an ascending impulse is still relevant.

Bulls control the situation confidently, but do not hurry to speed up.

Perhaps, expected impulse growth will renew soon.

Shall it happen, we will see how the wave iii of ascending impulse is developing.

Growth is still expected

Vasiliy Lukin
FreshForex Analyst
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