We should bounce from the old trendline. Play the ping pong action.
Commento:
The bounce is happening. By the end of the year, GBP should be up by 7 % against the CZK. Enjoy the profits.
Commento:
Rejected on our trendline, looking very bad for GBP
Commento:
GBP was able to regain its channel and is about to test the upside, in upcoming months.
Commento:
We bounced off of the upper trend-line. The test of the lower one is likely to occur.