Cautious long on GBPUSD to multidiagonal target at ~1.30
There's a multidiagonal target on Cable (GBP/USD) at just below the 1.30 level that looks like it could be met. At the moment it looks like it will probably get there via a short squeeze on GBP shorts rather than necessarily momentum, but we'll see...
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.