GBPUSD CPI SELL

157
As we took liquidity from the upside, I see a rush going towards sell side liquidity, trapping the buyers taking them back to the 50% of the range. I could be wrong but that would create the SMT divergence to the sell side driving the DXY higher as anticipated going for those equal highs to the left on the Daily chart.

Fundamental, the US economy is falling and inflation has risen. People aren’t buying as much and a lot of stores have announced shutdowns nationwide in the past month. Let’s see what happens

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.