Hi everyone - Looking at simple price delivery, expecting this pair to trade further down, at least below the retail trend line and rallying back into a 4H order block.
Fundamentally supported by the recent data from the commitment of traders report provided by the Chicago Mercantile Exchange showing a net short position within commercial entities.
The UK has also announced a U turn on it's mini budget previously announced, interim GBP strength can be expected.
I'm also sharing a 1 minute markup of the London session to demonstrate multiple short opportunities which were presented to us by the market:
Aman | SMC Wolf FX
Fundamentally supported by the recent data from the commitment of traders report provided by the Chicago Mercantile Exchange showing a net short position within commercial entities.
The UK has also announced a U turn on it's mini budget previously announced, interim GBP strength can be expected.
I'm also sharing a 1 minute markup of the London session to demonstrate multiple short opportunities which were presented to us by the market:
Aman | SMC Wolf FX