Just like my previous idea on this currency pair, I still think the fundamentals are in favor of the British pound against major other currencies. In addition to that, price continues to create higher market structure which is a sign that buyers are in control. My targets are still 1.7200 and 1.7500 .
Note
Target 1 hitNote
New highNote
Target one is serving as support. Trade still active
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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.