Right we have seen the GBP find support both on the trend line & the 0.618 fib line , since then its rallied 300 pips . Highlights today are the Financial stability report and Carney speaks along with Draghi up today as well ( should be interesting ).
Anyway I would like to see this retrace before entering long , say around the 1.4050-1.41 area, yesterday saw the Tories meet with the DUP to discuss moving forward, but it didn't do much to stoke fresh upward momentum just yet....
So long between 1.4050-1.41 confluence zone
TP1 @ the 0.786 fib line ( 1.4315 just below )
TP2 @ 1.45
Stop set @ 1.39
Happy trading ..............
Anyway I would like to see this retrace before entering long , say around the 1.4050-1.41 area, yesterday saw the Tories meet with the DUP to discuss moving forward, but it didn't do much to stoke fresh upward momentum just yet....
So long between 1.4050-1.41 confluence zone
TP1 @ the 0.786 fib line ( 1.4315 just below )
TP2 @ 1.45
Stop set @ 1.39
Happy trading ..............
Note
There it is a thing of beauty , Carney says possible review of a hike MKT gets excited... ..I missed this as I was in Spain and shut off from the world, but what a trade even in the last few days ..
Tell me someone got in ???
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.