Hi,
The gbp found strong bids against dollar last week and was reasonably stable.
Technically we are forming a down channel. A test of 129933 and we will see a run past 130000. Targets being 132364.
A break below 128700, and we have to play the channel, shorting to 127795.
All the best,
Tan
The gbp found strong bids against dollar last week and was reasonably stable.
Technically we are forming a down channel. A test of 129933 and we will see a run past 130000. Targets being 132364.
A break below 128700, and we have to play the channel, shorting to 127795.
All the best,
Tan