Looking for a continuation of the downtrend the pair has been experiencing for the past few weeks. Price has rejected the 50% Fibonacci retracement level, looking for price to fall towards 1.32600 today.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because covid cases reaching all-time highs and the delay of an increase of interest rates.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because covid cases reaching all-time highs and the delay of an increase of interest rates.