Wave Analysis
During the previous trading, the British pound continued to the upper side and is currently attempting a breakout above the upper trend line. So far, we’re still in a sellers territory, but should the price break and close above the upper trend line then further momentum much higher is expected with an ultimate target around 1.25830. And should the price pullback to the lower side and close below the now supportive trend line, then we expect further momentum to the lower side is expected.
Trade Recommendations:
Wait
Origin: FreshForex
