GBPUSD Long Idea

163
The GBPUSD currency pair has a rather unique fundamental condition, where we cannot simply look at which monetary policy is more dovish or hawkish.

However, I will explain a bit more from a different perspective.

Inflation data in the UK has already reached its mandate at 2.2%, while the Fed is still far from its 2% inflation target.

This could lead to a narrative where the Fed is seen as failing to control USD inflation.

This perspective can apply to other currencies as well; when the USD weakens, other currencies may strengthen.

Buy : 1.28450
Stoploss : 1.27950
Take Profit : 1.33450

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.