As you can see, the pair just found support at the 1.6800, Not really surprising since it’s also right at a 38.2% Fib retracement
A long trade at current levels could yield around 150 pips if you aim for the 1.7000 previous highs.
Also be aware of RBA's governor philip lowe speech
If you are not a fan of the pound wait till 1.6800 level break down to short the pair
good luck
A long trade at current levels could yield around 150 pips if you aim for the 1.7000 previous highs.
Also be aware of RBA's governor philip lowe speech
If you are not a fan of the pound wait till 1.6800 level break down to short the pair
good luck
