Bulls are still expected to rule | 24 July 2015

24 July 2015, GBP/USD

Correction on this pair has continued its development.

The price has reversed after its abrupt upward movement and started to decline again.

Meanwhile, this movement has not impacted on the wave scenario, which is still relevant.

So, further, after a slight decline, we shall probably expect renewal of an impulse growth of the pair within the frames of development of the wave 3.

Bulls are still expected to rule

Vasiliy Lukin
FreshForex Analyst
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