Price is moving in an ascending manner within the channel, we have PMI datas for GBP today, a great opportunity for POUND bulls to attack 1.97 levels given aud is trading all time low. Friday's are always unpredictable, i might just stay sidelined , if price doesn't reach the desired levels and show weakness.
I am more interested to see price action the next week as monthly candle would be closed. Remember last months candle closed above 1.97 level, if this months candle doesn't close above, it would imply weakness ahead
I am more interested to see price action the next week as monthly candle would be closed. Remember last months candle closed above 1.97 level, if this months candle doesn't close above, it would imply weakness ahead
