Wave Analysis
Just as EURUSD, the British pound rallied to the lowerside and is still showing signs of continuing much lower. As it is right now, we expect nothing but a possible momentum much lower. The idea on this chart is to keep looking for low risk sell positions expecting a possiblebreak below 1.32600 and may extend much lower. On this chart, sell positions looks ideal and can safely be recommended unless the price breaks and closes above 1.34281.
Trade Recommendations:
We’re sellers towards 1.32005.
Origin: FreshForex
