GBP/USD part 2
Pivot highs supporting the market today, but around the highs in the last 500 mins of trading, the systems have gone short for the first time in a number of days.
Normally the rotation down begins from the start of the new week, with the expectation that there will be a 2-day rotation/stall. At this stage for Friday market looks exhausted around current highs...
Posted by
Frank Dilernia