Price has broken out a symmetrical triangle on the 4hr timeframe.
The dollar is strong as the feds talk about raising interest rates thus having the potential to push the pound down.
Here is the play I will be taking on this trade.
OT = MARKET SELL NOW
P = 1.30682
SL = 1.31736 - 109 PIPS
TP = 1.29386 - 125 PIPS
The dollar is strong as the feds talk about raising interest rates thus having the potential to push the pound down.
Here is the play I will be taking on this trade.
OT = MARKET SELL NOW
P = 1.30682
SL = 1.31736 - 109 PIPS
TP = 1.29386 - 125 PIPS