This last week the one of the major pair in the FX market had mixed behaviours due to the macroeconomic releases , the turmoil into the tory´s party, and the Brexit deal has been the mainly reasons. The currency opened at $1.4004 and is closing in $1.3779 (-1.63% ) The week ahead the pound could against to fall given that the Tuesday it will be releasing the...
Price is moving into the over sold region. We could see price turn and have bullish movement once in this over sold region. We have a pending order at 1.42613 with our stop loss at 1.420( just below support) and take profit at 1.43979(resistance).