Wave Analysis:
Yesterday, we saw a surge to the lowerside as the Britishh pouund broke and closed below the previous day’s lowest low. On this chart, we expect nothing but a possible momentum to the lowerside. The anticipated bearsish price rally is the continuation of an impulsive wave count and may see the price break and close below the previous day’s lowest low. On this chart, keep looking for long term sell positions expecting a possible rally towards 1.33 and may extend much lower towards 1.32.
Trade Recommendations:
We’re sellers towards 1.32
Origin: FreshForex
