Jesstradesfx

GBP Strength this week (intraday Idea)

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
GBP showing strength this week and DXY continuing down trend.

Cup and Handle pattern forming. (see chart)

My bias stays long again this week. Its only Monday and we've made up the ground we lost on Fridays tumble.

Have a Great Week <3

Comments

is going to breach 1.4 on Thursday
+1 Reply
@bomoju I believe so ...
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Do people believe in cup and handle?
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@wahidro, its cable - anything can happen. its like a naughty child...
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in my opinion it will breka previous resistant and will go more down,
Reply
Clean analysis, 1.40000 is a big level for pound. DXY will be an interesting watch too headed into NFP :)
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