The British pound broke out to the upside during the session on Thursday, as we continue to see bullish pressure. I believe that this market will go
The British pound broke out to the upside during the session on Thursday, as we continue to see bullish pressure. I believe that this market will go higher over the longer term, and have been long for several days now. It will take a certain amount of patience, but if we stay above the 1.2750 level, I think that the market will reach towards the 1.3450 handle longer term. Buying on the dips for shorter term traders might be a nice trading strategy and this pair as well. I have no interest in selling.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.