Wave Analysis:
As it is right, the British pound is finding it hard breaking above the upper trendline. If the price fails to break beyond this trendline, then we are waiting for a signa that the last impulsive wave is ended so that we sell a correction towards the lower trendlines. Conservative traders should wait for a rejection from the upper trendline before they pick low risk sell positions.
Trade Recommendations:
We’re o the sidelines
Origin: FreshForex
