It has been a sweet surf on the GBP since the 16th of June, heavily to the downside. However, we may experience a correction up to 1.4100 before continuation to the downside considering the strength of the USD.
No matter come what may, we'll rather be reactive and not predictive on these moves, depending on price behaviour.
Thanks and Good luck.
Pls like, comment...
Welcome to GODAL TRADING analysis .
Todays pair being analysed is CHF/JPY with a potential long set up forming.
ONLY !! if a break-out of the identified bearish/falling wedge and highlighted zone takes place.
The highlighted zone represents most recent resistant level/zone of the falling wedge, once the two is broken. It will then become a support zone. This is...