GBPUSD:Will usher in a new round of decline?
Updated
GBP continued to fall two conditions required:
1.U. S. economic data must be strong next Monday,
the probability is greater than 60%,
because the employment data on Friday exceeded expectations
2.Next week, the Bank of England rate decision must clearly release a loose signal
My point of view is
The pound will continue to fall next Monday and Tuesday.
Wednesday, Thursday a sharp shock, waiting for the interest rate decision
Friday because Thursday's resolution is uncertain.
The specific operation points will be given on Monday.
1.U. S. economic data must be strong next Monday,
the probability is greater than 60%,
because the employment data on Friday exceeded expectations
2.Next week, the Bank of England rate decision must clearly release a loose signal
My point of view is
The pound will continue to fall next Monday and Tuesday.
Wednesday, Thursday a sharp shock, waiting for the interest rate decision
Friday because Thursday's resolution is uncertain.
The specific operation points will be given on Monday.
Note
HAVE SOLD @ 1.295Note
sl 1.298,tp 1.291Note
close +100 pips
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