No charts tonight because little has changed since last week. Cable and GBPCHF continue to consolidate and having made it back up to the Daily 62 ema, GBPJPY could be due a reversal.
The other pairs I follow, USDCHF and USDCAD, are rangebound.
So... Whilst my Sterling bias remains to downside (and I would certainly back a breakout from GBPCHF's current consolidation zone) I need to see how the markets develop before another clear trade opportunity sets up.
About Me
- Rob and Tom
- Friends and colleagues for over 20 years, we are 'Rob Booker' trained Forex swing traders, specialising in the Sterling Crosses. As committed to the journey as the destination, our commitment to you and each other, is that we will always 'post before we trade' and be utterly honest about the outcome. - Just Click on the Charts to Enlarge.
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