Yesterday, the British pound continued to the lower side and is still showing signs of continuing even lower. If you are looking at this chart right now, I recommend you look for long term sell positions towards 1.33443 and could breakout much lower. If you are on this chart right now, sellers look to be having the upper hand, therefore we're sellers for now. However, in case the price breaks and closes above the previous day's highest high, then this could be a sign that we are now buyers.
Trade Recommendations:
We're sellers towards 1.33443
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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