based on the 4hr support was broken and now become resistance....
going down to the 1hr you have now 2 tests on the new found resistance... a hold here as a double top would cause the pound to fall
my target would be a 78.6% fib retracement of the current rally.... giving a 150 pip sell opportunity.
going down to the 1hr you have now 2 tests on the new found resistance... a hold here as a double top would cause the pound to fall
my target would be a 78.6% fib retracement of the current rally.... giving a 150 pip sell opportunity.
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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.