Pivot (invalidation): 12600.00 Our preference Long positions above 12600.00 with targets at 12760.00 & 12840.00 in extension. Alternative scenario...
GBP optimism appears to turn as traders finally consider that a Brexit “technical extension” is the most likely scenario to be favored by negotiating participants as details of the arrangement would require two additional months...
Pivot (invalidation): 12510.00 Our preference Long positions above 12510.00 with targets at 12760.00 & 12840.00 in extension. Alternative scenario...