Price action seems to be headed for support at 1.50680 after testing the top of the channel/wedge. Good risk/reward ratio on this one.
Fundamentals support this move since the possibility of a UK rate hike anytime soon is now gone. Retail Sales is expected worse and the outlook on USD is positive.
Fundamentals support this move since the possibility of a UK rate hike anytime soon is now gone. Retail Sales is expected worse and the outlook on USD is positive.