Preferred direction: BUY
Comment: The current situation with the pound is exactly the same as with the euro and the Australian dollar. After the Fed meeting, the limit buyer continues to eliminate sellers who want to enter into a deal at the “maximums”. However, a decline is still expected in the medium term.
The short-term growth target is located at 1.28500. The entry point is located at current prices; you can also, as in scenario 2, consider a trade with a false downward movement and then enter long.
Thank you for boosts and share your views!
Comment: The current situation with the pound is exactly the same as with the euro and the Australian dollar. After the Fed meeting, the limit buyer continues to eliminate sellers who want to enter into a deal at the “maximums”. However, a decline is still expected in the medium term.
The short-term growth target is located at 1.28500. The entry point is located at current prices; you can also, as in scenario 2, consider a trade with a false downward movement and then enter long.
Thank you for boosts and share your views!
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