We can see here that it goes up by 100 pips after it goes down up to 1.255 last Friday. This is not a signal for us to do anything because there are tough days ahead especially Theresa May's resignation date is coming this week. With NonFarm Payrolls and all of the high impact news this week, I would prefer watching Netflix than risking my equity onto this trade.
Be careful traders and always follow the correct Risk Management so that we can always live the next day.
Be careful traders and always follow the correct Risk Management so that we can always live the next day.