Will be looking for a structure similar to this to playout this week.
Pound is considered to be one of the weakest currencies out of the G10. Further pressure anticipated from GDP data to be released throughout the week which could be a driver for bearish behavior for the currency.
Mainly looking for a short term continuation of the structure in place
Pound is considered to be one of the weakest currencies out of the G10. Further pressure anticipated from GDP data to be released throughout the week which could be a driver for bearish behavior for the currency.
Mainly looking for a short term continuation of the structure in place
Trade active:
Entry made at 1.2525
Trade closed manually:
Trading week finished