On this pair, we have a price that appears to have bounced after a false breakout in the demand zone at 1.989. The target is in the 2.2031 zone with a risk-reward ratio of 1:9. The scenario was identified with the Forex48 strategy. However, the scenario is still uncertain since there will be a decision on interest rates by the BOE on Thursday.
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy.
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy.
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