GBP/USD Forecast: euro failed to move to the upper side

gbp-l2Wave Analysis:

During the previous trading day, euro failed to move to the upper side as previously expected, instead it moved upwards just slightly. On this chart, we’re likely to see either a break above the previous day’s highest high or a break below the previous day’s lowest low to pick a possible long term sell position. On this chart, we’re on the sidelines Unless a break above the previous day’s highest high or lowest low happens.

Trade recommendations:

Wait

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Origin: FreshForex

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