Taking into account both UK and US fundamentals, could we be seeing a bull run to resume in this currency cross pair? From a technical point of view, price has balanced in the HTF market in the form of trading down into a fair value gap, in line with a 1h OB.
If LTF structure confirms this bias, we could be targeting the first set of HTF equal highs as a bullish objective.
Have a nice weekend everyone.
Aman | SMC Wolf FX
If LTF structure confirms this bias, we could be targeting the first set of HTF equal highs as a bullish objective.
Have a nice weekend everyone.
Aman | SMC Wolf FX
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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.