Sterling rose yesterday because of weak US dollar. May will declare the announcement about Brexit tonight, pay attention to her speech. Actually, the market is gradually accepting the risk of hard Brexit so that sterling is flexible.
The target is 1.2970.
Turning point: 1.2860.
Above 1.2860, bullish , target price is 1.2940,then 1.2970.
Under 1.2860, bearish, target price is 1.2830, then 1.2800.
RSI indicators show it has up space.
Prior Strategy:
The target is 1.2970.
Turning point: 1.2860.
Above 1.2860, bullish , target price is 1.2940,then 1.2970.
Under 1.2860, bearish, target price is 1.2830, then 1.2800.
RSI indicators show it has up space.
Prior Strategy:
Comment:
Target 1 reached. It's pity that it didn't touch the target 2.