Wave Analysis:
The Great British Pound is currently trading in an expanding wedge formation,during the previous trading days the price rallied to the lower side from the upper trendline in continuation of the impulsive wave cycle five.I expect a further bearish momentum in line with the down trendrend,If you are looking at this pair right now pick a long term sell from 1.3026,the sellers are in control.
Trade Reccommendations:
We are sellers.
Origin: FreshForex
