FX.co ★ TST as the Foundation for Medium-term Trading
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TST as the Foundation for Medium-term Trading
There is a mandatory zone on GBP/USD, although it could be hidden:), but we will plan our market interaction based on what we have. Just like on EUR/USD, one can expect a pullback to yesterday's decline and maybe even a new high, but here too, I believe it is very likely that we are witnessing the beginning of a trend reversal. Let's see. 1.3700 - today is the level at which the price may reach, and if the day starts this way, at the balance point, we can consider looking for a short entry. These are my current thoughts.