Pound Sterling has broken the Wyckoff consolidation and has retested the support as resistance.
A short idea is considered.
1. Enter - 1.2480
2. Stop - above recent swing high 1.2580
3. Target - the demand zone below 1.2050
4 RR = 3.5
A short idea is considered.
1. Enter - 1.2480
2. Stop - above recent swing high 1.2580
3. Target - the demand zone below 1.2050
4 RR = 3.5
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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.