The uptrend going on with GBPUSD likely to witness loss of momentum for some few days until a clear path is determined for the weekly. Last week candlestick ended with indecision and the week's high or low will be tested next week in order for market to know a possible direction. As the bias is towards long trade, a re-test of last week low is more likely for cable to continue its uptrend...
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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.