You have it right on you chart and I will be aiming for the Support 3 you have marked. The news is coming in London session and it will decide the price action whether we are hitting the TP or not.
Thanks for the analysis, I think it's certainly going to be an interesting week for GBP. While I'm not actively trading yet I will still be watching it to see how the election affects it.
The 1.1100 level is acting as a resistance, followed by the 200 day EMA at the 1.1135 level. To the downside, the 55 day EMA at the 1.1060 is acting as support and the 1.1000 level could be its most relevant bottom in the short-term.
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