During the previous trading day, the British pound continued massively to the lowerside perfectly as previously forecasted and is still pretty much bearish. As long as the price remains below the Alligator indicator, we expect nothing but a possible momentum to the lowerside. If you are looking at this chart right now, we recommend looking for low risk sell position expecting the price to rally much lower with the next ideal target set around 1.24.
Trade Recommendations:
We're sellers towards 1.24
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