I view this as a good bottom fishing opportunity. This also coincides with my bullish dollar/short Swedish Krona thesis. I am bullish pounds as well for the time being (as long as GBPUSD holds above 1.4000).
Trade active
Long @ 11.50 -Note
Trade active
Filled this morning at 11.55 for the second entry. Now breaking out on daily. I believe the reversal is underway. Note
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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.