Price has not been able to close above 1.244XX thus giving good reason to believe that it may be as such again. Big volume on 15/6 did not close past 1.244XX either, much less the current volume price has been trading over the past week.
Big boys looking to sell to buyers at a better price, hence low volume bull may see the price hit 1.244XX again before continuing it's downward trend.
COT shows confluence in the pound weaker than the franc.
We'll see, we'll see.
Big boys looking to sell to buyers at a better price, hence low volume bull may see the price hit 1.244XX again before continuing it's downward trend.
COT shows confluence in the pound weaker than the franc.
We'll see, we'll see.