Projection = The odds favour the pound in near term. Expect 1.3060 , 1.3200, 1.3300, 1.3400 . Expect buying the dips.
Positive = Hope on the bexit deal supports the pound.
Negative = Increase in virus cases + unemployement + economy rebound dampening
Others = Global risk will affect the price action
Positive = Hope on the bexit deal supports the pound.
Negative = Increase in virus cases + unemployement + economy rebound dampening
Others = Global risk will affect the price action
Note
US Stimulus flop dropped strengthened USD.Good buying opportunity . 1.2880 is supported.
Note
Closed all long positions. Volatility is like to increase due to brexit headline. Wait for dip to buy.
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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.