The cable entered into an upward corrective movement in the last three days and the pair is now trading inside the resistance level confined between 1,2878 - 1,2929.
The price is now testing the upper line of the bullish channel and at the same time the falling trend line from the top 1.32.
I think this is a good selling opportunity, taking into account the risks of volatility due to trade talks about Brexit and Coronavirus.
sell: 1.2900-1.2930
the first target will be 1,2740
The second target is the bottom border of the bullish channel 1.2700
The price is now testing the upper line of the bullish channel and at the same time the falling trend line from the top 1.32.
I think this is a good selling opportunity, taking into account the risks of volatility due to trade talks about Brexit and Coronavirus.
sell: 1.2900-1.2930
the first target will be 1,2740
The second target is the bottom border of the bullish channel 1.2700