Wave Analysis
The British pound is currently within a range not going above the level 1.42084 and below the level 1.40930. As long as the price does not clearly break and close above the upper trendline. We are on the sidelines, if the price breaks and closes above this level then this will be a good sign that we are continuing with the last impulsive wave (v) to the upperside and should head straight towards 1.43. If you are looking at this chart right now, stay on the sidelines, either wait and buy a break above 1.42084 or wait and sell a break below 1.40930.
Trade Recommendations:
Wait
Origin: FreshForex
