From a straight forward technical analysis, the resistance that we have been fighting is a weekly area, but the direction is still strongly on the bullish side.
Keep it simple so you can get your job done faster.
Silent
Overall Pound retains its bullish trend against the greenback and in light of the current Short term & Medium term bull trend we will look to buy the dips. On H1 & H4 there is one setup that I have pointed out that looks good in the pre-market analysis. Lets see how it turns out.
Long @ 1.3900
Targets @ 1.4030, 1.4100 & 1.4330
Stops @ 1.3830
In this video i go through the chart and my personal experience with the GBP and how it affected my life negatively in 2007 (first drop got me out of real estate) and positively during the Brexit (I got my money back, thank you trading).
Today will be a volatile session for pound sterling, trade with care people.
