GBPUSD: Tight Ranges Lead to Large Expansions
GBPUSD is trading in a tight range. I expect range trading to continue until Wed's heavy news day where I think the pair could run above the recent highs for a stop run before turning lower.
Yorum:
Just like the USDCAD, Cable is being held in consolidation. Looks bearish.
Yorum:
Short target 1 low at 1.3360 reached. Will price reach for 1.3161 level?
Yorum:
GBPUSD continues to look heavy with downside objective aimed for 1.3161 level.
İşlem kapandı: hedefe ulaştı:
Target 3 reached on May 7. Trade is complete.