Now we see the formation of a potential bottom.
Other factors, descending trend line with multiple touches. If we see a re test of the highlighted lower zone and another touch of the trend line then i am looking for a push to the upside. However with the corona virus and the recent news of a lockdown we may see violent behaviour across all pound pairs. Be careful when trading these pairs.
Other factors, descending trend line with multiple touches. If we see a re test of the highlighted lower zone and another touch of the trend line then i am looking for a push to the upside. However with the corona virus and the recent news of a lockdown we may see violent behaviour across all pound pairs. Be careful when trading these pairs.