Looking for opportunities to buy Pound as we head into BOE this Thursday.
Paying attention to WM2/ 1.31 with a target of WM4. Need to pay attention to EURUSD and Dollar Index for confirmed Dollar weakness.
WM2 marks top of previous range. Same support price came off of last week. Target of WM4.
WPP marks H4 21. WM2 is role reversal. Target of WM4 or WR2. Keep an eye on CHF. We could see a continuation in the EURCHF short - if so buying GBPCHF doesn't make sense unless CHF is weak.
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"When there is a gap you either commit yourself as a professional racing driver that is designed to win races or you come second, you come third or you come fifth. And I am not designed to come third, forth or fifth. I race to win. And if you no longer go for a gap that exists, you are no longer a racing driver." Aryton Senna