GBP/USD buy then sell
I am planning on GBP economic sentiment to be fairly good but goal is achievable, at the most market would get stagnant @ around the daily high and short out if it does not reach tp2 and start the decline. USD economic sentiment giving very bullish energy with all areas: consumer sentiment,& 5year inflation i suspect to show improvement along with buisness expectations
Economic sentiment grade GBP- N/
Economic sentiment grade USD- +N/
from the economic sentiment grade you can see both markets are giving same bullish energy with USD slightly above the GBP market so for each separate session i have based it mainly of market sentiment and used economic sentiment as the secondary go too due to the close ranging and resistance market may give.
Economic sentiment grade GBP- N/
Economic sentiment grade USD- +N/
from the economic sentiment grade you can see both markets are giving same bullish energy with USD slightly above the GBP market so for each separate session i have based it mainly of market sentiment and used economic sentiment as the secondary go too due to the close ranging and resistance market may give.
Note
guess this trade needed time to catch up and did just thtsice economic sentiment shws cpi droppage ill go long on gbp and finish the trade out after the pullback
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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.