Wave Analysis
British pound continues to rally to the upperside and is still pretty much bullish both on the daily and on the weekly charts. If the price can close above the upper trendline by the end of today, then we will be expecting further momentum to the upperside and should break beyond 1.3915 towards 1.415 and may extend even higher. On the otherside, if the price breaks below the same trendline to the lowerside, then we are sellers towards 1.3565.
Trade Recommendations:
We’re long
Origin: FreshForex
