The GBP/USD pair fired off a buy signal again on Monday. This is after two consecutive hammers, and the pair looks bullish. However, this pair is getting pinched in a tighter range over time. Until we see 1.65 or 1.60 get broken, we will probably be very choppy.
The GBP/CHF pair looks like it is basing at this level as yet another hammer gets printed. We are looking to sell at much higher levels.
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