Nothing new here, trading inside a descending channel
My target remains unchanged as long as we continue trading inside this descending channel.
Fundamentally speaking it seems well supported too but should the UK starts hiking interests it will be a completely different story.
Mind that UK has plenty of Covid cases again, over 40k new cases daily.
Cheers.
Fundamentally speaking it seems well supported too but should the UK starts hiking interests it will be a completely different story.
Mind that UK has plenty of Covid cases again, over 40k new cases daily.
Cheers.
Trade closed: stop reached
We are trading off the channel and I would call it off to be safe.
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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.