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Key Points
- NVIDIA’s Q1 earnings exceeded expectations. Despite export restrictions to China under the Trump administration, NVIDIA performed strongly, boosting risk appetite in the markets.
- The May FOMC meeting minutes confirmed that Fed officials will maintain a wait-and-see approach in conducting future monetary policy.
- A U.S. federal court ruled that the Trump administration’s “reciprocal tariffs” are invalid, stating, “The tariff order is nullified and permanently prohibited,” and ordered a cancellation of all tariffs collected thus far.
This Week’s Key Economic Events
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Personal Consumption Expenditures (PCE) Price Index
GBPUSD Chart Analysis
As anticipated, a peak formed around the 1.35500 level, followed by a downward trend. A mid- to short-term downtrend is likely from the current range, with the next potential low expected near the 1.32000 level.
However, if the price unexpectedly breaks above the 1.36000 level, the high could extend toward the 1.40000 level, indicating a shift toward a bullish trend.
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- NVIDIA’s Q1 earnings exceeded expectations. Despite export restrictions to China under the Trump administration, NVIDIA performed strongly, boosting risk appetite in the markets.
- The May FOMC meeting minutes confirmed that Fed officials will maintain a wait-and-see approach in conducting future monetary policy.
- A U.S. federal court ruled that the Trump administration’s “reciprocal tariffs” are invalid, stating, “The tariff order is nullified and permanently prohibited,” and ordered a cancellation of all tariffs collected thus far.
This Week’s Key Economic Events
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Personal Consumption Expenditures (PCE) Price Index
GBPUSD Chart Analysis
As anticipated, a peak formed around the 1.35500 level, followed by a downward trend. A mid- to short-term downtrend is likely from the current range, with the next potential low expected near the 1.32000 level.
However, if the price unexpectedly breaks above the 1.36000 level, the high could extend toward the 1.40000 level, indicating a shift toward a bullish trend.
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pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
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.