Yesterday, just as in Euro the British pound rallied to the lowerside and is still showing signs of continuing much lower. On this chart, we are looking for a possible long term sell position following the break below 1.3424. If you are looking at this chart right now, keep looking for long term sell positions with an ideal target set at 1.3215 and may extend much lower. As it is now, only sell positions looks ideal and can safely be recommended. This should be the continuation of the last impulsive wave (v) to the lowerside and should break below 1.3215 towards 1.31 or even lower.
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