GBP/USD too early to kill a princ?
We have a bullish engulfing at 1.28000, from my perspective we have a trend reversal, because we didn't manage to break 1.2800 (crucial level for sterling), I very bullish for sterling until the week of brexit.
The buy zone is 1.28500 (Tuesday due to the news of GBP), retest trendline 1.28900 before breaking 1.30000
So my advice is to buy sterling low and sell it high.
I said too early to kill a princ because it's too early to hit that monthly supp 1.2700, and brexit is far away (March 29).
Daily Bullish engulfing
The buy zone is 1.28500 (Tuesday due to the news of GBP), retest trendline 1.28900 before breaking 1.30000
So my advice is to buy sterling low and sell it high.
I said too early to kill a princ because it's too early to hit that monthly supp 1.2700, and brexit is far away (March 29).
Daily Bullish engulfing
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.