Recently, GBP retraced back for the second time to the daily support line 1.2747 but got rejected. I went long following this rejection and is still holding onto this positions. My expectations is that price should rise towards 1.3489 unless there's a clear bearish breach below 1.2747. Only a breakout below 1.2747 with a big red candle will trigger sell positions. On the daily chart above, long positions seems more ideal.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .