syshape

Pullback or range ?

Long
FX:GBPUSD   British Pound / U.S. Dollar
0
I see 3 big levels.
Market touched a daily resistance at 1.1660, which could figure the start of lateralisation range.
It closed the day on a weekly resistance.
It now lay on the upper of a significant triangle, and that could be a nice pullback.
Will the market wait for tomorrow fundamentals ?
The si gives a bull signal too.
I gonna take a shot, with a stop in the triangle at 1.452, and a target at the next weekly resistance 1.4820.
Gn8
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.