Hi traders,
like and follow if you agree.
Despite showing a a reduction in power in the last few days, GBP seems still strong and ready for a new long term unptrend.
Is it possible that the prices will retrace to retest the main trendline or the supports around $1.3585 before the rebound.
Better to have a SL at 1.352 to minimize the losses in case of a trend reversal.
Good trading!
like and follow if you agree.
Despite showing a a reduction in power in the last few days, GBP seems still strong and ready for a new long term unptrend.
Is it possible that the prices will retrace to retest the main trendline or the supports around $1.3585 before the rebound.
Better to have a SL at 1.352 to minimize the losses in case of a trend reversal.
Good trading!