Weekly Reflection : GBP/USD
Well.. what a week..
I honestly thought the move back up to the highs at 1.42 would have closed a lot faster than the pace we are moving now.
Overall I remain Bullish on Cable for the time being yet I am slightly hesitant about the dollar strength.
Lots of big news next week again, volatility will be super high mid-week so trade safe. And to think the DXY has returned to pre-FOMC meeting levels is a real kick in the bum.. anyway..
Have a great weekend and will update any of my analysis Monday
I honestly thought the move back up to the highs at 1.42 would have closed a lot faster than the pace we are moving now.
Overall I remain Bullish on Cable for the time being yet I am slightly hesitant about the dollar strength.
Lots of big news next week again, volatility will be super high mid-week so trade safe. And to think the DXY has returned to pre-FOMC meeting levels is a real kick in the bum.. anyway..
Have a great weekend and will update any of my analysis Monday
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.