Did not have much time this week to share the trades as for the high volatility.
Anyway I said about the break up in my previous analysis and stuck to the plan.
The trade is displayed on the screen below:
What to do next?
I'd try to sell from 1.3160, when the price returns below the current resistances targeting 1.2980 which may be only the first target.
Seems to me that gbp usd drew a dobble top. If it's not expect 1.3220 to be reached soon.
If we take a look at DXY we'd see it's currently testing the historical support which may reject the price.
I guess the following week wil be bullish.
Telah diedit 07 Nov 2020, 00:46
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