British Pound / U.S. DollarUpdated GBP/USD about to fall after NFP?
Dear traders, we saw some whipsaw moves in GBP/USD yesterday during
the ADP data. With NFP data coming out in a few hours, expect a similar
move today as well.
During the NFP data release, if GBP/USD climbs to either of the supply levels
indicated in my chart, I would consider selling GBP/USD with long-term TP at
1.2470.
the ADP data. With NFP data coming out in a few hours, expect a similar
move today as well.
During the NFP data release, if GBP/USD climbs to either of the supply levels
indicated in my chart, I would consider selling GBP/USD with long-term TP at
1.2470.
Trade active
Sold@1.2824
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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.