Looking for a continuation of the downtrend the pair has been experiencing for the past few weeks. Got in on a short position as we rejected the 61.8% Fibonacci retracement level retested the previous weekly low.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because of the Delta variant and the delay of an increase of interest rates.
Fundamentally I am bullish on safe-haven currencies, and bearish on the Sterling because of the Delta variant and the delay of an increase of interest rates.
Trade attivo:
30 pips in profit, moving SL to break-even.
Trade attivo:
Trade is still active, price almost hit SL.
Trade chiuso: stop raggiunto:
SL hit at break-even