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FX.co ★ GBP/USD wave analysis. Week review

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Forex Analysis:::2011-05-02T08:14:06

GBP/USD wave analysis. Week review

GBP/USD wave analysis. Week review

In general, as expected, the GBP/USD currency pair continued upside movement in favour of the British currency. At the same time, growth of the rate in the range of the 3rd wave, in the future 3rd (or C) is developing in the direction of the mentioned earlier target level at the 68 figure level. At the same time, given the inner wave dimension of this 3rd wave, the price can easily come to the 1.7100 level.

Analyst InstaForex
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