DAY 18: YOU LEARN,YOU LOSE AND YOU LEARN MORE.
I'd say it has been an excellent week but I don't have tomorrow performance to support my statement.We still have more data tomorrow,NFP,which has very strong impact on monthly performance.
Today we received rate cuts on the pound which sent it to the ground but for a few hours. I lost 30 pips on a buy @ 1.25 after the pound sunk to daily lows at 1.235. Since then the pound has recovered remarkably as investors seem focused on NFP more than the predictable rate cuts.
Waiting on tomorrow to know whether we will break weekly highs @ 1.25400 or use that price as a rebound level towards lower levels @ 1.1900.
Today we received rate cuts on the pound which sent it to the ground but for a few hours. I lost 30 pips on a buy @ 1.25 after the pound sunk to daily lows at 1.235. Since then the pound has recovered remarkably as investors seem focused on NFP more than the predictable rate cuts.
Waiting on tomorrow to know whether we will break weekly highs @ 1.25400 or use that price as a rebound level towards lower levels @ 1.1900.
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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.