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Home / Analysis / Forex Analysis / Pounce up then down

Pounce up then down

After today’s statements on Saturday and the closure of the Strait of Hormuz, it seems that the dollar will fall again until other statements and other events occur until Wednesday, but technically it seems that the pound has not touched the 61.8 Fibonacc retracement, so I expect the price to rise to 1.3603 and then head towards 1.3435.
Pay attention at the bottom, if it breaks through the ascending channel, it will fall further, but if it breaks through the ascending channel from the top, it may rise further towards 1.3650.

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