Pound Squeeze
On an intraday basis the Pound is consolidating within a symmetric triangle, and the Bollinger Bands are squeezing price tight.
With this low volatility , price will soon breakout.
I do not know in which direction. Maybe in the direction price entered the triangle.... Maybe not. Watch and see... trade in the direction of the breakout for a scalp .....
With this low volatility , price will soon breakout.
I do not know in which direction. Maybe in the direction price entered the triangle.... Maybe not. Watch and see... trade in the direction of the breakout for a scalp .....
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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.