Wave Analysis:
The Great British Pound is on a downtrend,during the previous trading days, the price ralllied to the upper side in continuation of the corrective wave cycle four.The price is currently rebounding to the lower side,we expect it to go upto around 1.2865 or even much lower, in continuation of the impulsive wave cycle five.If you are looking at this pair right now,look for sell positions from 1.3143 towards 1.2865.
Trade Reccommendations:
We are sellers towards 1.2865.
Origin: FreshForex
