Good pound positions
Hello guys
As you can see it has reached a minor resistance to which it is apparently reacting
But we have to wait to see if it breaks the resistance and stabilizes above it, or if it wants to return to support, and we can also look at the dollar index.
If the resistance is broken and it is proven above it, a good position can be taken with its pullback, and also if the support returns, a good position can be obtained.
Overall, the pound is up because the market is lower than in previous data.
As you can see it has reached a minor resistance to which it is apparently reacting
But we have to wait to see if it breaks the resistance and stabilizes above it, or if it wants to return to support, and we can also look at the dollar index.
If the resistance is broken and it is proven above it, a good position can be taken with its pullback, and also if the support returns, a good position can be obtained.
Overall, the pound is up because the market is lower than in previous data.
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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.
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.