GBPUSD – Flat
Wave Analysis:
The British pound is currently heading to the lowerside. During the previous trading day, the British pound rallied to the lowerside and is still continuing to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to the lowerside and may see the price break and close below 1.11890 and may likely continue much lower with the next ideal target set around 1.10 and will extend much lower.
Trade Recommendations:
We’re sellers towards 1.1189.
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