British Pound strength is undisputable #forex #journeyto100
There is no doubt that the Pound is simultaneously taking out stops and also making people profits. Alsos it is clear that this currency is very strong due to it constantly making new highs. When will it start to go down?? I dont know. Where do I think it is going now?? UP, UP UP.
I have done a simple analysis with trendlines showing its overwhelmingly upward trendline. The arrows indicate the course i expect this pair to travel over for the net few days or weeks. Some bounces until it hits the upper trendline and possible 61.8 fib. This trade generally has a high RR. You can go long on the next bounce on the upper TL or on the break of the previous high from about 8 hours ago.
I am in a GBPUSD trade also find the link below.
I have done a simple analysis with trendlines showing its overwhelmingly upward trendline. The arrows indicate the course i expect this pair to travel over for the net few days or weeks. Some bounces until it hits the upper trendline and possible 61.8 fib. This trade generally has a high RR. You can go long on the next bounce on the upper TL or on the break of the previous high from about 8 hours ago.
I am in a GBPUSD trade also find the link below.
