📊 Technical Analysis
● Price is testing the rising-channel floor (≈1.3500) while carving a bullish falling-wedge; momentum divergence and prior green arrows hint buyers defend this rail.
● A break of 1.3590 (wedge roof / minor trendline) would confirm reversal, opening 1.3680 mid-band, with 1.3770 channel cap next. Risk is limited to a clean H4 close beneath 1.3450.
💡 Fundamental Analysis
● Softer US CPI trimmed two-year Treasury yields, eroding the dollar bid, while UK May GDP surprised to the upside and labour-market tightness keeps BoE “higher for longer” talk alive—narrowing the rate-gap that had weighed on sterling.
✨ Summary
Long 1.3500-1.3560; breakout above 1.3590 targets 1.3680 → 1.3770. Invalidate on H4 close under 1.3450.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Price is testing the rising-channel floor (≈1.3500) while carving a bullish falling-wedge; momentum divergence and prior green arrows hint buyers defend this rail.
● A break of 1.3590 (wedge roof / minor trendline) would confirm reversal, opening 1.3680 mid-band, with 1.3770 channel cap next. Risk is limited to a clean H4 close beneath 1.3450.
💡 Fundamental Analysis
● Softer US CPI trimmed two-year Treasury yields, eroding the dollar bid, while UK May GDP surprised to the upside and labour-market tightness keeps BoE “higher for longer” talk alive—narrowing the rate-gap that had weighed on sterling.
✨ Summary
Long 1.3500-1.3560; breakout above 1.3590 targets 1.3680 → 1.3770. Invalidate on H4 close under 1.3450.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.