Is that a Pin Bar on GBPCAD Daily Chart? GBP still strong?
47 Week High!
Is a new 52 week high the next victim here?
Some interesting Price action here now midweek across the GBP Pairs.
There is still so much time left in the day to trade, However there is NO DOUBT that many traders will be eyeing the current price structure of this pair and its current...
We had thought we had posted this chart yesterday again but we hadn't
Anyway As per our HEAT MAP, You can see GBP has held first place for Many weeks now, & CHF along with JPY have been fighting between them as to which keeps last spot as the WEAKEST of the Majors.
Our earlier PRICE Target were Met and EASILY EXCEEDED
Keeping things simple we will be looking...
We are looking to add to the Long we are still holding since Tuesday 19/01/2021
Ideally we get a better pullback to enter lower than current price Risk Reward still looks good.
Our first take profit at 0.7920 but we like it even higher and will extend target depending on PA.