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 we mentioned yesterday, we're looking forward to further momentum to the lowerside, if you are on this chart right now, sell positions looks ideal and can safely be recommended. If the price breaks above the previous day's highest high, then we may look for buy positions.
Trade Recommendations:
We're sellers.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Bob Stan
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