Watch the pound as we jump the channels
Updated
The Pound is showing great strength in the short-term Vs. the Dollar.
The orange parabola indicated the momentum and direction has changed, which is confirmed by the breaking of the downwards resistance (red-line)
Therefore, we expect the pound to rally over the coming days - jumping between upward channels whilst utilizing them as a basis of support.
Therefore when trading take time as an important parameter to estimate which channel will act as the support.
Please like & follow for the support.
Yours Sincerely,
Anon. Scholar
The orange parabola indicated the momentum and direction has changed, which is confirmed by the breaking of the downwards resistance (red-line)
Therefore, we expect the pound to rally over the coming days - jumping between upward channels whilst utilizing them as a basis of support.
Therefore when trading take time as an important parameter to estimate which channel will act as the support.
Please like & follow for the support.
Yours Sincerely,
Anon. Scholar
Note
Long-Target No.1 achieved - GBP looking strong!Note
Nearly reached Long-Target No.2 !Trade closed: target reached
Long-Target 2 Reached! Trade Closed.
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