The pound has exited the triangle formation on the H4 chart but has now returned to retest what was the upper limit of the descending triangle. Once finished, it might attempt to make another bull run towards 1.3200 and beyond.
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トレード稼働中
It appears the pair is giving a good entry for shorts unless it crosses and closes above daily pivot again.
トレード稼働中
The price action reversed as I thought it would, now there are low chances it will return to 1.3101 today.
トレード稼働中
1.3078 might be a good area to re-enter shorts
トレード稼働中
The pair was pushed downwards by the golden cross (EMA200, EMA50).
トレード稼働中
The bear run continues in the US session.
トレード稼働中
The price reached the upper limit of what was descending triangle. It might reverse from this moment on and have a bull rally begin.
トレード稼働中
The pair made a consistent retracement yesterday evening, but it seems it wants to retest previous low today.
トレード稼働中
Nothing happened during FOMC release, though the price has this bullish feeling that one cannot ignore. Let's see what is going to happen during FOMC press conference and later after the current H4 candle is finished (london time).
トレード稼働中
The price has spiked to 1.3089 after BoE Interest Rate Decision (Jan) was published.
トレード稼働中
The price is 20 pips away from our target (tp1) 1.3200. :)