GBP is likely to bounce off the resistance. (with the help of some Fundamentals)
But if the fundamentals are against the GBP, the down-trend can just break through the resistance and keep its down trend.
I don't want to buy the reversal; Risk to Reward ratio is off.
I will be waiting to enter a sweet Short position.
But if the fundamentals are against the GBP, the down-trend can just break through the resistance and keep its down trend.
I don't want to buy the reversal; Risk to Reward ratio is off.
I will be waiting to enter a sweet Short position.