GBP/USD Forecast: expect a further bullish momentum towards 1.3390

forex_news_gbp_7Wave Analysis:

Previously the Great British Pound rebounded to the lower trendline in continuation of the corrective wave count four.This pair is currently trading on an uptrend,I expect a further bullish momentum towards 1.3390 in continuation of the impulsive wave cycle five.On the flipside, should the price break below the lower trendline clearly,then 1.3090 would be a good place to pick sell positions from with our first ideal target at 1.2950.

Trade Reccommendations:

We are buyers towards 1.3390.

We are buyers towards 1.3390.

Origin: FreshForex

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