hi pip makers , welcome to new week,,,The British pound fell initially during the week but turned around to form a hammer. If we can break above the top of the hammer, I think the market will probably go towards the 1.30 level above. I think that’s an area that should show some resistance though. Alternately, if we break down below the lows of the week, that could be very bearish. If that happens, I suspect we are going to go looking towards the 1.2650 level.
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