FX CHART OF THE DAY: GBPUSD BREAKOUT POSSIBILITY
GBPUSD is breaking above upper 1st standard deviation from weekly (120-hour) mean amid expanding volatility (measured by 3.2 standard deviation from the mean)
Probability of further upmove is apparent.
Traders can pick longs close to the upper 1st standard deviations (1.5690) and stops at weekly mean (1.5645)
Probability of further upmove is apparent.
Traders can pick longs close to the upper 1st standard deviations (1.5690) and stops at weekly mean (1.5645)