Been an interesting week for the Pound. We rejected the 1.2240 zone, and moved above a previous consolidating level in 1.2420. The move on 7-1 left a liquidity vacuum above that 1.2420 zone, followed by a volume node, poor structure that we are correcting. From a weekly perspective, we are above last week PoC (precisely the .2420 zone), and this week PoC is above...
Hello traders,
a new week is about to begin , and it's worth to check what the EURUSD has been doing. We are currently sitting on a consolidating phase that will soon subside. Since the early days in June, we have been moving slightly lower, being supported at the 1.12 level. All attempts to move below that level have failed, but also all attempts to make it move...
