After last weeks General Election news, we saw the pound fall hard. However all today we have seen the pounds slow attempt at recovery and its struggle at the very crucial 1.28460 level where it has been consolidating for a while. As you can see I have highlighted areas in the past where this level has proved a very strong monthly support, and now resistance...
I've been watching this chart closely this week, in fact, this is the only chart I've been watching and traded this week as its movements have been consistently predictable in terms of the knowledge we have of how to predict chart movement. So far i have not lost anything trading this currency pair however I am not willing to get comfortable based on that. What...