Sterling slump after BOE easing monetary measures which sent the market down more than 200 pips followed by some positive job numbers yesterday with NFP adding fuel to the fire.
Technical see resistance level at 1.3050-60 zone where as long as market holding below this zone more drop will be expected toward 1.2900 levels
Above 1.3210 market may obtain bigger rebound correction where resistance at 1.3280 and 1.3370
sidelined, hit tp at 1.22 (believe there is a more recent chart of this I uploaded some time ago), don't see it going below 1.20 anytime soon though the road back north is going to be a slow process
tududu
⋅
Thanks! Longing 1.216, target 1.28, tight stop in case we have yet another leg down or more stop-runs.
levikoren
⋅
good for you. :) simple and nice.
Verna
⋅
any chances for a short term long for GU chief?
Verna
⋅
was not able to enter for this. Hopefully next time around, will not miss your Ideas. God bless