GBPUSD Potential short term downsides
Hey Traders, GBPUSD was trading in an uptrend and successfully managed to break it out after sudden hawkish comments from fed waller the previous days "Fed needs to keep raising interest rates" , "Fed hasn't made much progress on inflation goal" which had triggered some USD strength. Technically we have noticed a breakout of the trend so if we get a decent pullback we will look for a potential retrace of the trend.
Trade safe, Joe.
Trade safe, Joe.
Join our telegram Channel for daily market updates t.me/JoeChampionChannel
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.