Gbp/Usd is trading currently in a red zone, waiting to break either down or up the dotted channel
In bigger view we have it still in the uptrend channel and closely to the support line of it
In bigger view we have it still in the uptrend channel and closely to the support line of it
Comment:
Just pierced the lower dotted line and closes above it, so now is back in the red zone and still waiting a break either way
Comment:
After managed to get back above the lower dotted line, later on broke also the upper one and go for the tick line. Surprisingly 3025 resistant area didnt hold and continued for 618%.
Currently trading in the uptrend channel
Currently trading in the uptrend channel
Comment:
Dollar weakness is strongly shown in cable view
Switched from another channel to another
Despite the fact that is still sensitive, scalps working well
Switched from another channel to another
Despite the fact that is still sensitive, scalps working well
Comment:
Cable been bullish after BOE comments for possible rate hike and a weekly view gives a better understanding of where the pair is trading now