GBP/USD Forecast: British bounced off from the upper trendline

gbp_cfdWave Analysis:

The Great British bounced off from the upper trendline and is currently headed downwards,during the previous trading days the price retraced to the upper side around 1.3519 and we are looking forward to bearish momentum towards 1 .03040 or even much lower in continuation of the impulsive wave cycle five.If you are currently in this pair we are short.

Trade Reccommendations:

We are sellers with our ideal target at 1.3040

Origin: FreshForex

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