Like with the famous Darvas boxes, this currency pair has been stair-stepping, while moving along the path of a modifed Schiff median line. Let's see what the next correction is going to look like. Its bottom is going to mark the buying opportunity. The sterling is currently overbought, but it's very strong. The Swiss franc, on the other hand, is losing momentum and is relatively very weak.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume no responsibility or liability for any trading or investment results. My posted statements and charts may unintentionally include inaccuracies. All content posted is for educational purposes only and is not a financial advice.
