Wave Analysis:
The Great British Pound is currently trading on an uptrend, during the previous trading days the price bounced off from the impulsive wave cycle three towards the lower side at the corrective wave cycle four. Right now the price is rallying along the lower trendline, I expect a rebound towards the upper side in continuation of the impulsive wave cycle five. We are buyers from 1.2537 towards 1.2645 or even much higher.
Trade Recommendations:
We are buyers towards 1.2645.
Origin: FreshForex
