GBPUSD Pre CPI Simple Trade Plans
CPI data expected to come in lower YOY and higher MOM.
Pre release we can look at key factors;
1. Short levels that exist now (current entry this AM) and shorts that exist at upper boundary resistance.
2. Longs that exist should we see a sharp fall.
3. Recent sentiment supporting a short side bias case for GBPUSD on a stronger USD.
Levels mentioned are ideal for exits/entries.
Pre release we can look at key factors;
1. Short levels that exist now (current entry this AM) and shorts that exist at upper boundary resistance.
2. Longs that exist should we see a sharp fall.
3. Recent sentiment supporting a short side bias case for GBPUSD on a stronger USD.
Levels mentioned are ideal for exits/entries.
Note
Hold off new shorts until higher level 2 is reached.Note
Exit some shorts for gains.
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bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
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.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.