In line with Dxy showing recent strength, I can see the pound pulling back to the lower trendline levels. With the pair been oscillating in an upward trend forming a rising wedge rejecting off the 1.3760 level multiple times, I can see one more test before a drop.
Trade active
We're in short this morning off our supply zone - buckle up and strap in, gonna be a bumpy ride
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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.