the pound looks like it could be strong this year.
Fundamentally: Stagnation in the US. Weakness in the Eurozone. Recession in China. Natural disaster in Japan. Buy some Pounds.
Technically there is daily bullish momentum divergence. Commitment of traders shows weekly long side accumulation.
Want to make this chart yours? My indicators are available at tradingview.com/market/ah-pipfoundry/
More information about my indicators: pipfoundry.com
Technically there is daily bullish momentum divergence. Commitment of traders shows weekly long side accumulation.
Want to make this chart yours? My indicators are available at tradingview.com/market/ah-pipfoundry/
More information about my indicators: pipfoundry.com
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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.