British pound if looking very strong vs several pairs such as a potential double monthly bottom on GBPUSD and instead of risking money in an unconfirmed uptrend, I prefer to buy the pound dollar versus the aussie dollar.
By looking at the trend, I like to set large goals for retest the 2015-2016 high from 2.10- 2.15. Because this currency pair has exploded higher in the last 3 weeks, I am buying half now and looking to add more on retracements.
By looking at the trend, I like to set large goals for retest the 2015-2016 high from 2.10- 2.15. Because this currency pair has exploded higher in the last 3 weeks, I am buying half now and looking to add more on retracements.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.