Following 3 successful trades with trend, fundamental & technical confluence, we appear to be attempting a breach of the descending wedge, I believe due to the UK restarting their economy and the US Covid 19 cases growing at a quicker rate, the GBP will be favoured temporarily Will hope for higher CPI figures to be achieved by the UK on July 15th
Note
After a patient wait of 11 trading days, my final take profit region was triggered beautifully at 1H resistance at 1.276Awaiting further data before planning next move by GBP
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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.