Expecting a reversal for the Pound to the upside in the near future. However at this moment I am inclined to sell as for all the indicators ( structure resistance
and moving average resistances). Without resisting current price developments to the downside; I will observe this subwave count to progress in its final wave v, before we resume trending with the bullish
sentiment. The termination of the subwaves, larger correction WXY, bearish wolfe wave
5, and the projected leg of zig zag
clone ( ABCD harmonic
pattern) appears to occur at 1.410 which means a double bottom
before a bull
take-over is likely.