GBPUSD is a beast lately. Messy consolidation followed by a breakout. I expect we will attack the old highs and continue the longer term trend from the last months.
This is a longer term projection so not expecting parabolic moves here, think we might consolidate and drift higher.
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
This is a longer term projection so not expecting parabolic moves here, think we might consolidate and drift higher.
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
Comment:
After a bit of consolidation, we are seeing some GBP strength in our direction. Want to see the highs broken and a trend to take us higher!
Comment:
Thats the agressive move higher I was looking for!
Comment:
Three month outlook target 1.3850 hit overnight! My long term bias on GBPSD now neutral. Wouldn't be surprised to see a decent retracement from around here.