Looking for a breakout to the upside, due to the strengthening of the US dollar
Possible price action to the down side based on price action and resistance zone on this 1hr chart. 3.63 risk to reward ratio.
The pound likely to pull back to highest levels from the Brexit shock. Positive economical data post-brexit will help the GBP regain some strength. Looking to sell when price hits 0.85839 (pink) whilst adding additional positions at blue line interval Update status
Great Level for a short position for pair currency. Blue line indicate extra position I will add to short structure