GBPUSD – Flat
Wave Analysis:
On this chart, we are looking for sell positions as long as the price remains below 1.1970, we expect nothing but a possible momentum to the lowerside. The anticipated bearish price rally is the continuation of the last impulsive wave (c) towards 1.15. On the otherside, should the price break and close above 1.924, then this will be a good place to consider a possible buy order.
Trade Recommendations:
We’re sellers towards 1.17
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