Wave Analysis:
On the British pound chart, we expected a possible rally to the lowerside, however, the British pound keeps pulling back up after a rally to the lowerside. On this chart, we expect nothing but a possible momentum to the lowerside. If the price should pull back up and end up above the lower trendline, then we may consider a possible momentum to the upperside towards the upper trendline.
Trade Recommendations:
We’re holding onto a seller’s perspective.
Origin: FreshForex