Preferred direction: BUY
Comment: The British, just like the euro, has fully worked out all of our previous trading ideas that we published earlier. Buy-priority remains relevant, but growth is more limited. It should also be noted that if the price closes above the level of 1.25000 on the weekly chart, one can expect higher targets, namely the level of 1.28000.
At the moment, the price is expected to fix at current levels (scenario №1) or rise towards the level of 1.26000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: The British, just like the euro, has fully worked out all of our previous trading ideas that we published earlier. Buy-priority remains relevant, but growth is more limited. It should also be noted that if the price closes above the level of 1.25000 on the weekly chart, one can expect higher targets, namely the level of 1.28000.
At the moment, the price is expected to fix at current levels (scenario №1) or rise towards the level of 1.26000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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