On the British pound chart, we expect nothing but a possible momentum to the lowerside. WAs we mentioned last week, we expect nothing but a possible momentum to the lowerside, just as Euro, we are looking for a possible long term sell position. The anticipated bearish price rally is the continuation of the last impulsive wave (5) to te lowerside and shoould head towards 1.02 or even lower. On this chart, we are sellers.
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