We had a huge GBP pump as expected alongside the data release. Sellers had taken over the sentiment and it was time for banks to wipe out the majority of selling. I still think the price will get pushed above the previous highs before another dip down.
Several long positions have now been closed introducing sellers into the market, let’s continue to target the sellers stop losses by buying.
Several long positions have now been closed introducing sellers into the market, let’s continue to target the sellers stop losses by buying.
