With tons of news this week and resistance holding strong, GBP weekly showing downside as we seem to be exiting momentum to the upside. Traders might watch for potential crossovers, where shorter-term moving averages cross below longer-term moving averages, as potential entry or exit points.
Regardless of the analysis, it's crucial to implement proper risk management strategies, including setting stop-loss orders and position sizing, to protect against unexpected market movements.
Regardless of the analysis, it's crucial to implement proper risk management strategies, including setting stop-loss orders and position sizing, to protect against unexpected market movements.