BRITISH POUND / CZECH KORUNAUpdated GBP/CZK long term swing play
We should bounce from the old trendline. Play the ping pong action.
Note
The bounce is happening. By the end of the year, GBP should be up by 7 % against the CZK. Enjoy the profits.Note
Rejected on our trendline, looking very bad for GBPNote
GBP was able to regain its channel and is about to test the upside, in upcoming months.Note
We bounced off of the upper trend-line. The test of the lower one is likely to occur.
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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.