Long Idea:
after a big move upward due to UK elections,the Sterling burst and confirming that the bulls still have the control.
A 50% retracement move is seen in the cable, and we are expecting for a bounce.
Trade idea:
If price moves above 1.3360 its a confirmation for a long position.leaving a stop loss on 1.33140
after a big move upward due to UK elections,the Sterling burst and confirming that the bulls still have the control.
A 50% retracement move is seen in the cable, and we are expecting for a bounce.
Trade idea:
If price moves above 1.3360 its a confirmation for a long position.leaving a stop loss on 1.33140