The pair is making a break after the big momentum the british pound had during the european opening... right now I see two possible scenarios (both of them bullish but I will wait for the right entry point)
1. The most obvious one is to enter on the break up of the triangle
2. The price can break down too and try the 61.8 Fibonacci level which would match with the SMA 200 which will give a nice almost risk free entry trade.
TP1 1.272
TP2 1.275
1. The most obvious one is to enter on the break up of the triangle
2. The price can break down too and try the 61.8 Fibonacci level which would match with the SMA 200 which will give a nice almost risk free entry trade.
TP1 1.272
TP2 1.275