Currently, on the british pound, we have sellers dominating the market. As it is now, we are looking for a possible long term sell position, however, this sell is only valid if the price breaks below the lower Alligator line, if this is the case, then we're are sellers othersiwe, we will be looking for a possible long term buy position we're expecting buyers to come in strongly on this chart, this buy position is the continuation of the last impulsive wave (v) to the upperside and should head straight towards 1.417.
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