see Bullish Butterfly Price hold by channel bottom, likely going to bounce for wave 5. Buy after breaking out resistant level $1.292 Estimated entry:$1.289 sl:$1.27 tp1:$1.301 tp2:$1.328 tp3:$1.337-1.34
The Fundamentals: Jun 8,United Kingdom general elections Jun 15, BOE rate decision meeting: In May meeting,BOE said the timing of the first rate hike will be in the Q4 of 2019, and the tolerance is limited for the inflation being higher than the target. if the Bexit process, may accelerate the pace of rate hikes.
Trade active
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effected1.2688 for small lot ,and will add after break out
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4H chart update: waiting for a break out
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added 1.29
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1H chart update: tg:$1.30029
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took some profits at 1.29528. since UK election, waiting for retracement.
Trade closed manually
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profit taken
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4H chart update: possible movement of GU take care of support level 1.291xx n $1.289