GBPUSD – Flat
During the previous trading day, the British pound rallied to the lowerside and is still pretty much bearish both on the daily and on the weekly charts, as it is right now, I am looking at nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (v) to the lowerside and may continue to the lowerside with the next ideal target set at 1.20 and may likely continue much lower.
Trade Reccommendations We’re short towards 1.20.
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