The GBPUSD is moving impulsively.
A break lower than the current intraday low would signal a continuation of this bear move.
The market has sold off continuously since the Bank of England raised rates, and this week is no different.
A break lower than the current intraday low would signal a continuation of this bear move.
The market has sold off continuously since the Bank of England raised rates, and this week is no different.
Comment:
a break below the low before NFP and this may have trapped a few longs
Order cancelled:
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