Under Pressure
Our Pivot: 1.3470
Our Preference: Short sell below 1.3430 with strict stop loss of 1.3470 and profit target at 1.3345 with extension towards 1.3310.
Alternate Scenario: Upward penetration of 1.3470 will call for 1.3500 and 1.3550.
NOTE: GBP is moving in a bearish price channel.
Chart with supports & resistances:
0 Comments
No comments yet. Be the first to comment!
Please log in to leave a comment.