Just as in the Euro, the British pound rallied to the lowerside and is still pretty much bearish. As it now, we are looking for long term sell positions. Our idea is to watch for pullbacks to pick long term sell positions. At this point, buy positions looks a bit risky and may nott be recommended. However, in case the price breaks above the the previous week's highest high, then we will be expecting further momentum to the upperside with the next ideal target set around 1.41 and may extend even higher. Should the price pullback up to the opening price of the previous day's candle, then this will be a good place to look for a sell from
Trade Recommendations:
We're sellers
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.
en 
id 
ar 
ru 
vn 
es 
pt 
th 
kz 
ua 
tj 
uz 
az 
ms 
