GBPUSD | Looking strong leading up to Brexit
As Brexit appears to enter its final stage, Cable is looking ready to take on all-comers.
Starting the month at just under 1.2300, the pair now trades above 1.2800 - holding a 500 pip gain currently.
Of course the right question to ask is where to now?
My bullish bias remains solidly intact above 1.2750. I'm still a bull above 1.2550; only closes below the latter would turn me short on the pair.
However, we're probably in for a rough ride. I think a spike down to 1.2550 is extremely likely. I will be looking for signs of bulls stepping in at that level to join in a long recovery.
Starting the month at just under 1.2300, the pair now trades above 1.2800 - holding a 500 pip gain currently.
Of course the right question to ask is where to now?
My bullish bias remains solidly intact above 1.2750. I'm still a bull above 1.2550; only closes below the latter would turn me short on the pair.
However, we're probably in for a rough ride. I think a spike down to 1.2550 is extremely likely. I will be looking for signs of bulls stepping in at that level to join in a long recovery.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.