Cable has reversed strongly off long-term support at 1.27 to reverse the short term downtrend
Preference = go long with the trend reversal
Scenario A) price pulls back to 1.283 before continuing to 1.30
Scenario B) bullish momentum provides no short term dip-buying opportunities so wait
Preference = go long with the trend reversal
Scenario A) price pulls back to 1.283 before continuing to 1.30
Scenario B) bullish momentum provides no short term dip-buying opportunities so wait