GBPUSD: Long term, LONG
Fundamental:
GBP: Tightening currency, while Brexit negotiation is not going as good and fast as expected UK economy shows some strength
USD: Fed tightening and Mid Dec rate hike will be in play. However, there is a lot of volatility in US market too
Technical:
This pair bounced of Technical Key Support and still respect long-term (1-year) uptrend
Entry is a little late today as price bounced up significantly yesterday
Watch out for NFP, managed trade size and give room for the NFP to breathe.
GBP: Tightening currency, while Brexit negotiation is not going as good and fast as expected UK economy shows some strength
USD: Fed tightening and Mid Dec rate hike will be in play. However, there is a lot of volatility in US market too
Technical:
This pair bounced of Technical Key Support and still respect long-term (1-year) uptrend
Entry is a little late today as price bounced up significantly yesterday
Watch out for NFP, managed trade size and give room for the NFP to breathe.
Trade active
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.
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.