POUND WEAK AGAINST SWISS FRANCK
A SECOND OPPORTUNITY ON THIS PAIR, AND HERE'S WHAT IT LOOKS LIKE TO ME.
PRICE IS CURRENTLY IN AN EXHAUSTIVE OR CORRECTIVE PHASE MEANING THAT WE'RE LOOKING TO TAKE ADVANTAGE OF POSSIBLE CONTINUATION AFTER THIS WEEKLY RETRACEMENT. I'M WAITING FOR THE BREAK OF DAILY SUPPORT LEVEL 1.29200. I'D PREFERABLY LIKE TO SEE A STRONG BEARISH CANDLE TO SHOW A NICE BREAK OF THAT LEVEL, FOLLOWED BY A RETEST. AND WE CAN RIDE PRICE TO 1.4600
POUND IS ALSO WEAK ACROSS THE BOARD, WITH GBPUSD,GBPCAD, GBPJPY AND GBPAUD ALL SELLING.
PRICE IS CURRENTLY IN AN EXHAUSTIVE OR CORRECTIVE PHASE MEANING THAT WE'RE LOOKING TO TAKE ADVANTAGE OF POSSIBLE CONTINUATION AFTER THIS WEEKLY RETRACEMENT. I'M WAITING FOR THE BREAK OF DAILY SUPPORT LEVEL 1.29200. I'D PREFERABLY LIKE TO SEE A STRONG BEARISH CANDLE TO SHOW A NICE BREAK OF THAT LEVEL, FOLLOWED BY A RETEST. AND WE CAN RIDE PRICE TO 1.4600
POUND IS ALSO WEAK ACROSS THE BOARD, WITH GBPUSD,GBPCAD, GBPJPY AND GBPAUD ALL SELLING.
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