Further weakening of the pound today left us in a similar position as with EURUSD in the way of trend. Will see what price action will reveal tomorrow, however price did try another upward move today and faulted indicating less probability on any near term long formations.
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I am not looking for any entries as of yet, today was quite a move leaving this pair uncertain with trend as it is but moves against it being met with strong resistance.
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I am not looking for any entries as of yet, today was quite a move leaving this pair uncertain with trend as it is but moves against it being met with strong resistance.
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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.