Here you can see a break of a big ascending trendline starting from January 2017 which appeared to be holding strong but now that price has broken through we are seeing a retest of it - creating the possible scenario of further downside. Also, we have the UK's Brexit plan to be passed through parliament so expect large amounts of volatility.
Note
close 50% +150 pips move SL to BETrade active
close 25% +380 pipsTrade closed: target reached
+625 pips
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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.