Sterling is under the down trend pressure and it's likely to form the right shoulder, which means the it'll test support at 1.2850.
The target is 1.2850.
Turning point: 1.2910.
Under 1.2910, bearish , target price is 1.2875, then 1.2850.
Above 1.2910, bullish , target price is 1.2940,then 1.2960.
Even if we can't rule out the possibility of continuous adjustment, its time should be limited.
Prior Strategy:
The target is 1.2850.
Turning point: 1.2910.
Under 1.2910, bearish , target price is 1.2875, then 1.2850.
Above 1.2910, bullish , target price is 1.2940,then 1.2960.
Even if we can't rule out the possibility of continuous adjustment, its time should be limited.
Prior Strategy:
