Price broke 196.000, breaking bearish structure and retraced into the recent swing low. Price maintained above displaying continued bullish dominance. Double bottom formed on the 4hr and 6hr timeframe. Cpi for gbp was green giving fundamental endorsement for a bullish move up today to retest the highs at 195.000 and potentially 196.000. Jpy being a safe haven also is due to see some weakness due to softer trade war and talks in middle east.
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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.