Pound related pairs got some strong movement in the past 8 hours, although it looks really bullish in a smaller time frame. But still Bears are in charge in the bigger picture.
In a short term, I'm expecting another bullish movement until it hits the resistance line. Traders may say there's a gap needs to be closed around 143.43 area, I think it will, but not anytime soon.
I'll setup a buying order around 144 area and see if this pair can manage to retrace back there
cheers
In a short term, I'm expecting another bullish movement until it hits the resistance line. Traders may say there's a gap needs to be closed around 143.43 area, I think it will, but not anytime soon.
I'll setup a buying order around 144 area and see if this pair can manage to retrace back there
cheers
Trade active
forgot to update, got 0.5 lot in at 143.93Trade closed manually
risk on turning the direction is there, closed my trade manually, 143.93--145.68, enough profitNote
expecting May's speech tonight with cable being tumble, may consider re-enter long for GJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.