Wave Analysis:
During the previous trading day, the British pound moved slightly to the lowerside but is still not showing any signs of continuing to the lowerside. On this chart, we are still on course towards the previous day’s forecast. We expect a move to the lowerside and could see the price break below 1.34101 and may extend much lower. Buy positions on this chart are very risky and cannot be recommended.
Trade Recommendations:
We’re sellers towards 1.34101
Origin: FreshForex
