GBPUSD – FlatThe situation on the pound/dollar still remains favorable for sales. After completion of the horizontal triangle as the wave [b], the pair did not move down in a rush. In this situation, the pattern lacks acceleration in the form of an aprupt movement towards trend. It is possible that this acceleration will happen in a short time, so you should hurry up with opening of trading positions. So, in the near future a strong impulse drop is expected within the development of the wave [c].
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.