The british pound has retested a swing high that was on 5-6-14 along with giving a strong tk cross. However there is a strong SUPER Swing high (8/5/09). I suspect that the market will close above the current swing high ( where the green dashed line is on the chart). However, we are coming up to a key high right now, one that we have not reached in almost 5 years now.
If the market can get a close above the 1.7058 area, the market may see a huge rally or trend especially on the weekly chart.
The keys are turned for the buyers to take control.
If the market can get a close above the 1.7058 area, the market may see a huge rally or trend especially on the weekly chart.
The keys are turned for the buyers to take control.