GBPUSD - Downside Caution Sees Dip Entry
Overall bullish trend for Cable, which has presented a correction opportunity off the daily.
Moving lower implies an obtuse support to break, making it a tough call for further downside potential.
Longs of current 1.27200 allocates very poor risk to reward - this implies a better ratio off buying the impending dip toward 1.26700.
Moving lower implies an obtuse support to break, making it a tough call for further downside potential.
Longs of current 1.27200 allocates very poor risk to reward - this implies a better ratio off buying the impending dip toward 1.26700.
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