Sellers pressure over the pound is taking the pair to trade below rising trendline from D1. Price in consolidation trying to cut out the support zone for a downtrend breakout.
A close look in case the breakout of the current level would allow a short entry on the price retest of the area. With Great Britain showing some harmful data and this evening, the Retail Sales m/m could help reinforce this trend.
The order:
Type: sell-limit
S/L: 65 pips - R:R | 1:3
T/P: aiming towards the next support level.
A close look in case the breakout of the current level would allow a short entry on the price retest of the area. With Great Britain showing some harmful data and this evening, the Retail Sales m/m could help reinforce this trend.
The order:
Type: sell-limit
S/L: 65 pips - R:R | 1:3
T/P: aiming towards the next support level.
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
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.