In the wake
of the USD change in the Non-Farm Payrolls GBP/USD began moving up again. This
was another case of the fundamentals simply giving the market a push to go
where it was headed anyway as there was a very telling doji candlestick right
above the support at 1.5100 visible on the daily filter chart.
I expect a
further move to the upside until the pair reaches the resistance at 1.5300 to
either test that level or to bounce off of it and test the support at 1.5100
once again.
Great assessment, totally agree with you.
ReplyDeleteTime to get in!
ReplyDeleteGood to know this, thank you.
ReplyDeleteTesting support level again.
ReplyDelete