Strifor || GBPUSD-23/05/2024
Updated
Preferred direction: SELL
Comment: Today is quite an interesting day from the point of view of the publication of economic events, and, most likely, there will be volatility in both the European and American sessions. Against this background, it makes sense, based on a number of important technical factors, to begin to consider selling priority for a number of major currency pairs. Among them is the British pound.
It should be noted that this is not a short-term trade, and here we will consider two scenarios. Scenario №1 assumes a fall today, especially against the backdrop of those important economic indicators whose publication we expect today. Scenario №2 is a more conservative, but at the same time less likely, maneuver. In both cases, we consider the target at the level of 1.26500.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: Today is quite an interesting day from the point of view of the publication of economic events, and, most likely, there will be volatility in both the European and American sessions. Against this background, it makes sense, based on a number of important technical factors, to begin to consider selling priority for a number of major currency pairs. Among them is the British pound.
It should be noted that this is not a short-term trade, and here we will consider two scenarios. Scenario №1 assumes a fall today, especially against the backdrop of those important economic indicators whose publication we expect today. Scenario №2 is a more conservative, but at the same time less likely, maneuver. In both cases, we consider the target at the level of 1.26500.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Trade active
Trade active
⚡️New ideas for EURUSD, GOLD and EURAUD⚡️
🔥Trade with Strifor broker 👉 t.me/+vEBNFbz_wItmNzhi
Related publications
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.