Hi Traders,
We already have two week bullish for GBP. I think that's SHORT recovering process by big speculator on brexit event, this process could be continue. Prices has moved sideway most of the week and it's last trading of the week. There are some important fundamental data will be released (Non-farm employment data and FOMC members speaks). That would be chance to buy GBPUSD and wait prices break out to the upside. Let's see H4 chart below, market is accumulating, so what's next?
Good luck
Haynes6EU
We already have two week bullish for GBP. I think that's SHORT recovering process by big speculator on brexit event, this process could be continue. Prices has moved sideway most of the week and it's last trading of the week. There are some important fundamental data will be released (Non-farm employment data and FOMC members speaks). That would be chance to buy GBPUSD and wait prices break out to the upside. Let's see H4 chart below, market is accumulating, so what's next?
Good luck
Haynes6EU