GBP/USD Forecast: British Pound is in a downtrend

gbp_usd_news_1Wave Analysis:

The Great British Pound is in a downtrend.The price is currently rallying towards the upper trendline in continuation of the corrective wave count four,we expect the price to up to around 1.3205 then bounce back to the lower side in continuation of the impulsive wave cycle five.If you are looking at this chat right now, wait for the price at 1.3205 then pick sell positions towards 1.2965.

Trade Reccommendations:

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Origin: FreshForex

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