This is a long term short idea as I am using the daily chart.
Just like the EURUSD this pair is testing their major resistances and I don't see any significant news that would take these pairs into new highs.
What I am waiting for is a reversal candle, like a doji or engulfing candles along with the RSI divergence.
Cheers!
Just like the EURUSD this pair is testing their major resistances and I don't see any significant news that would take these pairs into new highs.
What I am waiting for is a reversal candle, like a doji or engulfing candles along with the RSI divergence.
Cheers!
exciting week ahead for GBP as the deadline for a brexit deal is nearing also an above expectation non-farm payroll in the US by friday will surely hurt the british pound.