Reference to the context
Although the pair has had a pullback in yesterday’s trading, however, we have strong believed it is looking for new buyers. Ultimately it could go upward
Data to watch!!!
Thus the construction PMI data from the UK side could determine the direction for today’s trading.
Firstly we will have a target for this pair for today is 142. therefore our target is: buy from 141.54 stop loss. 140.89 and tp 142.
Lastly, if break out occurred e.g. 141.54 it could lead the pair towards 140 &139 levels.