Pound strength to persist for a third touch of trendline
1.34405 overall bullish target
Intermediate target 1.3255
1:3 R
1.34405 overall bullish target
Intermediate target 1.3255
1:3 R
Note
Initial draw to premium hints at a deeper discount pullbackTrade closed: target reached
Underlying weakness in GBP relative to USDNote
Price Slowdown at Premium. Anticipating some sort of manipulation above the HTF trendline (dashed green) towards 1.3440 level
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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.