GBPUSD - Daily - For now the path is clear.
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Really rallying... The two words are just bouncing of your tongue very easily. No? It doesn't? Well at least one pair is bouncing.
BoE rate didn't change, the Pound sees that as a positive. Standard stuff now.
Looking at the technicals, if this is going to stay above 1.32680, then I am bullish and aiming higher towards 1.34 and maybe 1.35, if I'm aggressive.
But if this is going to go below 1.32680, then something is not right and we could see some selling to about 1.31.
Now I believe that today will be a tricky one, because there's a lot of volatility and we might see some surprises by the end of the day. I think...
Anyway, be careful and keep an eye on the price action!
BoE rate didn't change, the Pound sees that as a positive. Standard stuff now.
Looking at the technicals, if this is going to stay above 1.32680, then I am bullish and aiming higher towards 1.34 and maybe 1.35, if I'm aggressive.
But if this is going to go below 1.32680, then something is not right and we could see some selling to about 1.31.
Now I believe that today will be a tricky one, because there's a lot of volatility and we might see some surprises by the end of the day. I think...
Anyway, be careful and keep an eye on the price action!