Very tricky situation in Pound as far as I'm concerned. I am bearish in bigger picture but so far the pair refuses to go any lower, so it might be a sign that further upside is in the cards.
Most likely, todays events will bring some clarity into this pair.
Comments
danndc
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hi, what is your opinion at the moment? you made a nice prediction but it didn't touch the second resistence and now it broke the wedge. do you think the correction could be over?
capitalpropertiesfx
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This pair is very tricky right now. At the moment I would not do anything until the 1st support is broken to the downside.
capitalpropertiesfx
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Resistance 1 reached. Now it is all about the FOMC Meeting MInutes.
cunni
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Nicely predicted. Should certainly make for some good pips!