Wave Analysis
As previously forecasted, the British pound continued to the upper side and is still pretty much bullish both on the daily and on the weekly charts, while the price continues to close above 52 Simple period moving average, we expect nothing but a possible momentum to the upper side, the ideal is to wait for a possible correction towards the same indicator to pick a low risk buy position. This view can only be invalidated in case the price breaks and closes below the same Moving average.
Trade Recommendations:
Remain long towards 1.302.
Origin: FreshForex
