GBPUSD 4HR LONG
Since Cable's reversal at 1.28, we have formed a perfectly clear support line.
Fundamental risks are both very real - The USD could suffer or gain from Tariff action.
The Pound's make or break outlook is hinged on the UK/EU deal which is being brokered.
Until we break this support line, there is a good probability we continue to push higher.
Targets at 50% retracement
Fundamental risks are both very real - The USD could suffer or gain from Tariff action.
The Pound's make or break outlook is hinged on the UK/EU deal which is being brokered.
Until we break this support line, there is a good probability we continue to push higher.
Targets at 50% retracement
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