GBP/USD - Guilt Crisis, Unemployment and GDP - UK in Crisis
Summary. See video link below.
Finance Minister to speak in Parliament today. May cause the Pound to Rally, or fall further
Bank of England is currently intervening by purchasing 5 Billion Pounds of Guilts, which they have double to 10 Billion per day for this week.
UK is releasing GDP numbers tomorrow, this will cause significant volatility.
Overall I am short GBP/USD.
Watch this video link to understand why.
youtube.com/watch?v=Z5qHXqX2lwU&ab_channel=SmartMoneyTrades
Finance Minister to speak in Parliament today. May cause the Pound to Rally, or fall further
Bank of England is currently intervening by purchasing 5 Billion Pounds of Guilts, which they have double to 10 Billion per day for this week.
UK is releasing GDP numbers tomorrow, this will cause significant volatility.
Overall I am short GBP/USD.
Watch this video link to understand why.
youtube.com/watch?v=Z5qHXqX2lwU&ab_channel=SmartMoneyTrades
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.