Buy EUR/GBP at the lows
It was a NFP day on Friday which confirmed strong but not excellent US employment data. What may bothers among revised up numbers is that wage growth of only 0.1% fell short markets expectations. I did not play the event on Friday as I was was focused more on Canadian data and GBP/CAD pair especially, which fell sharply that day. However, I will be looking for any long opportunity in EUR/GBP pair as soon as on Monday and AUD/GBP short on Tuesday. Note, that that I am betting against the Cable for the next 2-3 days only and I am going to close all my open trades before Wednesday` BoE Inflation Report.
It was a NFP day on Friday which confirmed strong but not excellent US employment data. What may bothers among revised up numbers is that wage growth of only 0.1% fell short markets expectations. I did not play the event on Friday as I was was focused more on Canadian data and GBP/CAD pair especially, which fell sharply that day. However, I will be looking for any long opportunity in EUR/GBP pair as soon as on Monday and AUD/GBP short on Tuesday. Note, that that I am betting against the Cable for the next 2-3 days only and I am going to close all my open trades before Wednesday` BoE Inflation Report.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.