Trump is shaking up the markets. Contrary to the expectations of many market observers, the dollar is showing surprisingly significant weakness.
If we look at the GBPUSD chart, we see a brilliant rally. However, the price has weakened recently, which is why we expect a temporary correction of the bullish trend to the target zone shown.
The trade offers an excellent RRR of more than 4.8:1.
If we look at the GBPUSD chart, we see a brilliant rally. However, the price has weakened recently, which is why we expect a temporary correction of the bullish trend to the target zone shown.
The trade offers an excellent RRR of more than 4.8:1.
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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.