I see a strong rebound around this support and because of the testimony speech of Bailey.
Take profit : 2.00500
stoploss: 1.99600
what do you think ?
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At the opening of the market this week we were originally expecting further downside on GBPUSD if the 1.29150 Friday lows got taken out. Since the market opening however we have formed a clear double-bottom, almost to the pip, at the 1.2915 level. A strong area of support has now formed in this zone between 1.2915 to 1.294 over the last week or so. With today's US...