Preferred direction: SELL
Comment: According to the results of yesterday's trading, the British pound fixed the target that we gave at the beginning of the week. At the moment, in the medium term, we are also looking down, which we noted in today’s trading ideas for the euro. Just like for the euro, the pound is expected to update its maximum at the level of 1.29000, and after that, most likely, shorts can be considered. Therefore, scenario №1 is a priority, more conservative and more profitable.
If the price falls and closes at the level of 1.27500, with a high degree of probability, the currency pair will continue to fall towards the level of 1.26500.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: According to the results of yesterday's trading, the British pound fixed the target that we gave at the beginning of the week. At the moment, in the medium term, we are also looking down, which we noted in today’s trading ideas for the euro. Just like for the euro, the pound is expected to update its maximum at the level of 1.29000, and after that, most likely, shorts can be considered. Therefore, scenario №1 is a priority, more conservative and more profitable.
If the price falls and closes at the level of 1.27500, with a high degree of probability, the currency pair will continue to fall towards the level of 1.26500.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
Trade active
Note
⚡️New ideas for BRENT, Bitcoin, USDJPY⚡️ 
Trade closed: target reached
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
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🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.