Wave Analysis:
The Great British Pound is on a downtrend,the price is currently on a corrective wave count four.We expect the price to continue to the lower side towards 1.2905,the anticipated bearish move is a continuation of the impulsive wave cycle five.On the flip side, should the price break above the upper trendline clearly then we will be buyers from 1.3156 towards 1.3415.
Trade Reccommendations:
We are sellers towards 1.2905.
Origin: FreshForex
