Brexit talks have brought back uncertainty in the markets after positive vax news in the month of November managed to remove a big part of the coronavirus drag.
If price holds above this short-term support, we could see consolidation coming into play, shifting price sideways as investors await for the next catalyst to offer some direction.
The 1H chart is looking over bought on the RSI as we look to other reversal signals at resistance.
If price holds above this short-term support, we could see consolidation coming into play, shifting price sideways as investors await for the next catalyst to offer some direction.
The 1H chart is looking over bought on the RSI as we look to other reversal signals at resistance.
Trade closed: target reached:
Comment:
Trade closed, Profit Banked