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FX.co ★ GBP/USD wave analysis for March 17, 2011

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Forex Analysis:::2011-03-17T10:42:13

GBP/USD wave analysis for March 17, 2011

GBP/USD wave analysis for March 17, 2011

For the previous day the GBP/USD wave structure have not changed considerably. At the same time there is certain preference for the scenario supposing further correction decline in the direction of the 58 figure in the range of the c wave of this correction. In the meantime, negative major situation on the markets might result in sharp reverses.

Analyst InstaForex
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