PA will respect channel resistance, indicated by Bolli, RSI and Slow Stoch.
Potential Long entry on 3 touch confirmation up channel. if support breaks, TP, Move SL and short for 1.21 (Albiet a risky short, heavy GBP bids at 121.
1.255 entry
1.2650 SL
~1.2280 TP
Potential Long entry on 3 touch confirmation up channel. if support breaks, TP, Move SL and short for 1.21 (Albiet a risky short, heavy GBP bids at 121.
1.255 entry
1.2650 SL
~1.2280 TP
Trade closed: stop reached:
Stop reached due to Theresa Mays Snap election surprise.