• Bulls gave up in the mid 1.3100s
• Sterling lost around 100 pips
• Pennant formation on hourly chart, which signals a continuation of the trend in the coming days
• Watch out for the breakout, high volume reinforces the downward move
• Sterling lost around 100 pips
• Pennant formation on hourly chart, which signals a continuation of the trend in the coming days
• Watch out for the breakout, high volume reinforces the downward move
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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.