Wave Analysis:
Yesterday, the British pound continued to the upperside and is still showing signs of continuing much higher. As it is right now, we expect nothing but a possible break above the previous day’s highest high to pick a possible long term buy position towards 1.3790 and may continue much higher. On this chart, buy positions looks ideal and can be recommended, on the other side, a break below the previous day’s lowest low will attract a possible sell position.
Trade Recommendations:
We’re buyers towards 1.3790
Origin: FreshForex
