GJ is currently still on an impressive impulse, which has extended a full cycle.
I have two trend lines along with the last area of resistance marked on my chart, however if price does decide to depreciate it can do so and find support on any of the previous Fib levels.
There will be some big news this week for the GBP so we may even see the start of a small range between the Fib levels until a catalyst comes.
Ideally, I will be trying out some Quarters Theory and looking for longs around 145.00 and 145.250.
Let me know your thoughts!
I have two trend lines along with the last area of resistance marked on my chart, however if price does decide to depreciate it can do so and find support on any of the previous Fib levels.
There will be some big news this week for the GBP so we may even see the start of a small range between the Fib levels until a catalyst comes.
Ideally, I will be trying out some Quarters Theory and looking for longs around 145.00 and 145.250.
Let me know your thoughts!
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
