No real positive news from the GBP to support a fresh rally just yet. Clear liquidity remaining below 1.26 that could easily be taken before continuing on this bullish trend. For the meantime, preference is short positions until liquidity is swept fuelling further bullish moves.
High bearish cumulative delta building throughout the Asia session raising the question as to what is fuelling this rally this morning and whether it has any real legs.
Short idea as long as key TPO levels hold - High risk to reward down to wards 1.2600.
High bearish cumulative delta building throughout the Asia session raising the question as to what is fuelling this rally this morning and whether it has any real legs.
Short idea as long as key TPO levels hold - High risk to reward down to wards 1.2600.
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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.