The price of the pound sterling as expected confidence continued to fall to a minimum of wave 1, confirming the level of the ball.In this regard, any upward movement is corrective and good selling point for this currency
On the cross-country it is possible registration confident impulse wave 1 ,if the assumption is true, after a small correction,I sell the currency pair for the purpose of 1.618 the length of the expected wave 1.stop loss above the expected maximum wave 1.
Price Euro, as expected, after the correction of confidence continued downward movement, creating a impulse of 5 wave.This great opportunity pyramiding ,when prices return to levels which are marked by red arrows on the chart, stop loss above the high of wave 2 (1.1210) .objective targets of this trading is the level 1.618 ( 1.0665) and 2.618 (1.0555) of wave 1.