soltzman

GBP/CZK long term swing play

FX_IDC:GBPCZK   BRITISH POUND / CZECH KORUNA
We should bounce from the old trendline. Play the ping pong action.
Comment: The bounce is happening. By the end of the year, GBP should be up by 7 % against the CZK. Enjoy the profits.
Comment: Rejected on our trendline, looking very bad for GBP
Comment: GBP was able to regain its channel and is about to test the upside, in upcoming months.
Comment: We bounced off of the upper trend-line. The test of the lower one is likely to occur.

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