After May's announcemennt about early election there is a demand of GBP across all the currencies
Weekly
It is about to bounce back from the lower end
onhttps://www.tradingview.com/chart/0QXvbfp3/
Weekly
It is about to enter the Ichi Moku cloud which can be considered as from negative to neutral territory
https://www.tradingview.com/chart/0QXvbfp3/
Daily
It is about to break a falling wedge
https://www.tradingview.com/chart/0QXvbfp3/
To summerise
I prefer to go long above 138.64 with targets
139.20
141
and 142.50
Stop oss will be triggered below 136
Weekly
It is about to bounce back from the lower end
onhttps://www.tradingview.com/chart/0QXvbfp3/
Weekly
It is about to enter the Ichi Moku cloud which can be considered as from negative to neutral territory
https://www.tradingview.com/chart/0QXvbfp3/
Daily
It is about to break a falling wedge
https://www.tradingview.com/chart/0QXvbfp3/
To summerise
I prefer to go long above 138.64 with targets
139.20
141
and 142.50
Stop oss will be triggered below 136
Note
139.20 was hit Trailing stop can be updated to berak even
Note
141 was hitVery close to 142.50
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.
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.