Good potential long position on this pair. Clear inverse head and shoulders pattern has formed and we are retesting the neckline. I would be inclined to wait for a break and retest of the neckline before a confirmation that the market is bullish. However we may just have a straightforward breakthrough so keep a close eye on this level. Keep an eye on economic...
Fundamental Analysis: Although at the beginning of last week there was a decent bullish rally a lot of ground was lost towards the tail end of the week. Depending on how much time is spent on the trade it should be unaffected by scheduled economic events apart from the CPI release on Friday. Brexit always remains an uncertainty and strong volatility can always be...
