Funda: "The British pound was further undermined by the risk posed by the Scottish elections next week. Polls are pointing to a supermajority for pro-independence parties in Scotland's parliament, which might intensify pressure for a referendum on independence and act as a headwind for the sterling."
Choppy price-movements for the GU, much uncertainty over the news. For a candle instance we are currently bearish.
Once we get a solid pullback then will go long for a potential swing trade.
.
Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Choppy price-movements for the GU, much uncertainty over the news. For a candle instance we are currently bearish.
Once we get a solid pullback then will go long for a potential swing trade.
.
Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
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:)