Hello, everyone. The pound, like the euro, demonstrated excellent price movement last week. I want to highlight the excellent work on the higher timeframe with the structural part of the context. We updated the local maximum with the price settling above it, after which an imbalance was formed, and its test occurred below. The target for the upcoming week will be the fractal at the 1.25500 price level.
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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.