FX.co ★ bridget.franecki | TST as the Foundation for Medium-term Trading

The pound today, like the euro, is also trading within a narrow range without a clear zone. The opening here was below the range, but there was an immediate attempt to move inside, which was successful, although the price was quickly pushed back. This means that the strength of the lower boundary has already been tested. In this hour, there was another attempt to approach the lower edge of the range, so I understand that entering inside the day is quite possible. We just need to wait for a good reason, which could very well be the American session.