After May's announcemennt about early election there is a demand of GBP across all the currencies
Weekly
It is about to bounce back from the lower end
onhttps://www.tradingview.com/chart/0QXvbfp3/
Weekly
It is about to enter the Ichi Moku cloud which can be considered as from negative to neutral territory
https://www.tradingview.com/chart/0QXvbfp3/
Daily
It is about to break a falling wedge
https://www.tradingview.com/chart/0QXvbfp3/
To summerise
I prefer to go long above 138.64 with targets
139.20
141
and 142.50
Stop oss will be triggered below 136
Weekly
It is about to bounce back from the lower end
onhttps://www.tradingview.com/chart/0QXvbfp3/
Weekly
It is about to enter the Ichi Moku cloud which can be considered as from negative to neutral territory
https://www.tradingview.com/chart/0QXvbfp3/
Daily
It is about to break a falling wedge
https://www.tradingview.com/chart/0QXvbfp3/
To summerise
I prefer to go long above 138.64 with targets
139.20
141
and 142.50
Stop oss will be triggered below 136
Comment:
141 was hit
Very close to 142.50
Very close to 142.50
Trailing stop can be updated to berak even