Preferred direction: BUY
Comment: The fact of recovery is also visible on the pound chart. Here we also have both scenarios activated that we published at the beginning of the week. Before the NFP, the bullish mood remains, and an approach to the level of 1.26000 is expected. You can also consider level 1.26500 as an additional target.
In the short term, the pound is most likely to strengthen, but in the medium term, we will have to look at the facts. Growth towards the level of 1.28000 depends on many factors, the formation of which must take time.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: The fact of recovery is also visible on the pound chart. Here we also have both scenarios activated that we published at the beginning of the week. Before the NFP, the bullish mood remains, and an approach to the level of 1.26000 is expected. You can also consider level 1.26500 as an additional target.
In the short term, the pound is most likely to strengthen, but in the medium term, we will have to look at the facts. Growth towards the level of 1.28000 depends on many factors, the formation of which must take time.
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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