The Pound is showing great strength in the short-term Vs. the Dollar.
The orange parabola indicated the momentum and direction has changed, which is confirmed by the breaking of the downwards resistance (red-line)
Therefore, we expect the pound to rally over the coming days - jumping between upward channels whilst utilizing them as a basis of support.
Therefore when trading take time as an important parameter to estimate which channel will act as the support.
Please like & follow for the support.
Yours Sincerely,
Anon. Scholar
The orange parabola indicated the momentum and direction has changed, which is confirmed by the breaking of the downwards resistance (red-line)
Therefore, we expect the pound to rally over the coming days - jumping between upward channels whilst utilizing them as a basis of support.
Therefore when trading take time as an important parameter to estimate which channel will act as the support.
Please like & follow for the support.
Yours Sincerely,
Anon. Scholar
Note
Long-Target No.1 achieved - GBP looking strong!Note
Nearly reached Long-Target No.2 !Trade closed: target reached
Long-Target 2 Reached! Trade Closed.
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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.