Long
Bullish GBP
With what feels like constant negativity surrounding the UK and the GBP in general, it's easy to get caught up in the doom and gloom, so i like to refer back to the 6B from time to time which imo screams a buy the dip mentality in the GBP. Last months retest of the trend line and subsequent hammer reversal only enhances this sentiment and i think alot of the GBP pairs are getting close to a turning point for the next leg higher. Choose your levels and ride this pony.
Appreciate any thoughts and/or ideas
Appreciate any thoughts and/or ideas
Note
Parallel trend line from the lows aswell
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.