British Pound / U.S. Dollar
Updated

Can We Stay Bearish?

65
What I'm looking for this week is to see if the bearish momentum will continue longer or will we begin an uptick for a little while. The overall move is bearish, but I'm looking for that to change if it can come back to 1.22093, or make it to the monthly zone around 1.18937.

Otherwise, go bears!

BULL TPS:
• 1.21933
• 1.22889
• 1.24148

BEAR TPS:
• 1.20485
• 1.20022
• 1.19224
• 1.16804 (this is a stretch TP pass the monthly)
Trade closed: target reached
All BULL TPs were hit on June 1st during the London session

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.