Here is the 4HR chart for this pair , Im going to also post the Weekly as it will help us gain some perspective , looks like on the day GBP profits are being taken for now after the BOE comments .
Long term we are bullish this pair and right now you can see it's in a downtrend channel short term, but its about to be hit with price support and weekly T/L support .
So what do we do ??? well wait for the spike see where it closes on the 4hr candle and get long hopefully .....
That's all for now folks stay tuned !!!
Long term we are bullish this pair and right now you can see it's in a downtrend channel short term, but its about to be hit with price support and weekly T/L support .
So what do we do ??? well wait for the spike see where it closes on the 4hr candle and get long hopefully .....
That's all for now folks stay tuned !!!
Trade closed: target reached
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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.