GBP technical bounce
I see a technical bounce on GBPUSD from the red zone.
It is 100% technical as I want to be short on USD this week.
Beware of all the Fed speech this week especially US Fed Chair Powell Speech.
If Powell signals that market is overreacting and we are not at rate peak at the moment, we could see some USD strength back in the market.
The GBPUSD trade I won't hold long term
It is 100% technical as I want to be short on USD this week.
Beware of all the Fed speech this week especially US Fed Chair Powell Speech.
If Powell signals that market is overreacting and we are not at rate peak at the moment, we could see some USD strength back in the market.
The GBPUSD trade I won't hold long term
Ordre annulé
Missed my entry by 2 pips and dropped 30+ pips.
I am cancelling the trade, Hopefully someone got him and took some pips
Note
Hate when that happens....
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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.