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Short for start of week to support
British Pound / U.S. Dollar
Short
Short for start of week to support
By TradeAssociatesLLC
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May 17, 2021
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May 17, 2021
Hint: Corrective retrace to support for Monday and Tuesday then up to the H/S
Recommendation:
The recent win of the british ruling party strengthened the GBP. For long term, the pound will be bullish but expect a ranging action over two weeks.
Take a market order position upon the confluence of valid entry rules on the 4H or 1H chart.
Trend Analysis
TradeAssociatesLLC
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