For now, the trend line has stopped the bears.
The 1.0800 level remains a very important support for the bulls.
At the moment, we already have an 84% chance of a 50p hike in the US in May - this is already in price
It seems that this support should work and we may be dealing with an upward correction.
Of course, unforeseen events in Ukraine may pose a significant risk to growth
The 1.0800 level remains a very important support for the bulls.
At the moment, we already have an 84% chance of a 50p hike in the US in May - this is already in price
It seems that this support should work and we may be dealing with an upward correction.
Of course, unforeseen events in Ukraine may pose a significant risk to growth
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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.
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.