Sales are better preferred | 30 May 2016

30 May 2016, GBP/USD

At the moment decline resembles a zigzag, so in the future the impulse of growth of the pair may be renewed.

On the other hand, that drop will continue, in which the pair will form a full momentum and the observed price movement today is beginning of the wave [iii]. The main scenario is bearish and my opened trades were already successfully moved to breakeven.

The outcome is about to happen, we need to be patient

Sales are better preferred

Vasiliy Lukin
FreshForex Analyst
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