On the weekly chart, we see that the British pound is struggling to show any signs of recovery as price is still trading below the 1.26 price levels. If price tests the monthly demand zone and starts showing some bullish evidence, we might see a breakout above the 1.268 and 1.3008 levels.
On the daily chart, price is trading below the 20 moving average. We expect price to continue moving down to the daily demand zone around 1.195-1.209 before showing any bullish evidence for the pound to move higher.
tradingforexhub.net/...4th-of-october-2019/
On the daily chart, price is trading below the 20 moving average. We expect price to continue moving down to the daily demand zone around 1.195-1.209 before showing any bullish evidence for the pound to move higher.
tradingforexhub.net/...4th-of-october-2019/