Triple Bottom Formation on the 1HR and Bounce off 4HR 14 MA's. 1790 Target - Manage your own Entries and Risk Accordingly. 1721 Entry. 1704 Stop. Once Trade Progresses +100 Pips Set Stop to Break Even and Let it Run, Risk Free.
Descending Triple Top occurring on the 4HR Wedge (Entry - 1.24600). Taking into account the Current Economic Situation and COVID-19, we at Sterling Capital FX belive the GBP is currently way Overvalued. New Lows of 1.14 have been created on the Pound Sterling, things are projected to get worse with the Country on Lockdown so we can expect retests of 1.14 as the...