If we get good number out today and tomorrow, you can expect this to enjoy some upward movement again towards the strong offer area of 1.77-1.78 then back down we go to the 1.73 area again, or the 0.618 fib line .
Right now in my opinion this is ranging between the fib lines 0.786 proving too strong to get its head above, and the 0.618 is proving good support for now ..
So around now is a good entry long 1.7390-1.74
TP1 - 1.7550
TP2 - 1.7700
Stop @ 1.73
Happy trading people
Please also see GBP/ USD trade post today ................
Leaving some on to see this unfold .
Hope some else got in ......
We are also in the GBP/NZD and enjoying 120+ pips on this too what we are hoping for on that pair is the break out eventually , so stay tuned .....
Stop set @ 1.74
Tp @ 1.7550
lets go pip hunting .......