GBPUSD CPI SELL
As we took liquidity from the upside, I see a rush going towards sell side liquidity, trapping the buyers taking them back to the 50% of the range. I could be wrong but that would create the SMT divergence to the sell side driving the DXY higher as anticipated going for those equal highs to the left on the Daily chart.
Fundamental, the US economy is falling and inflation has risen. People aren’t buying as much and a lot of stores have announced shutdowns nationwide in the past month. Let’s see what happens
Fundamental, the US economy is falling and inflation has risen. People aren’t buying as much and a lot of stores have announced shutdowns nationwide in the past month. Let’s see what happens
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