GBP has broken through an upper level of support and has left the H1 200 sma behind. I'm LONG this market from 2.1095 with a STOP at 2.1020. Target is open but initially the H4 200 sma coming at 2.1573 area looks attainable in due course. NZD/USD is still moving south after a double top at .6614 and this suggests we should see GBP/NZD gain ground.
All GBP trades will be at the mercy of Brexit fears/news and with Gov Carney up before Parliament's Treasury Select Committee then increased volatility can be expected.
All GBP trades will be at the mercy of Brexit fears/news and with Gov Carney up before Parliament's Treasury Select Committee then increased volatility can be expected.