April 3, 2020
By Orbex
The British pound continues to trade flat, maintaining a sideways range since March 27.
The Stochastics also remains rather flat in the near term. This suggests that the momentum is still weak at the moment.
However, we expect to see a breakout off this level. We expect this breakout to be strong.
The bias remains mixed at the moment, opening the risk on either side.
By Orbex
Free Reports:
Get Our Free Metatrader 4 Indicators - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.
