Still Flat but looking for a buy | 10 Noviembre 2017
10 Noviembre 2017, GBP/USD
Technical Observation:
Nothing has changed much in this pair since the other day's analysis. I still expect a rise to the upper side, especially while the price is above 1.3138. If the price can breakout below 1.3138 with a big red candle, then further decline in price towards the weekly support line 1.1698 is expected. As it is on the chart above, I'm only interested in a long position towards 1.4373 or even higher.
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