GBP/USD likely to continue the DROP!
Hey tradomaniacs,
GBP/USD has just re-tested a key-resistance-zone after the recent strong momentum to the downside.
Overall choppy price-action currently due to upcoming news, but we can expect meeting-minutes to be very hawkish and so a strong US-Dollar.
Don`t hold too long as CPi-Data tomorrow can change everything.
For me only a daytrade-opportunity here!
What do you think?
GBP/USD has just re-tested a key-resistance-zone after the recent strong momentum to the downside.
Overall choppy price-action currently due to upcoming news, but we can expect meeting-minutes to be very hawkish and so a strong US-Dollar.
Don`t hold too long as CPi-Data tomorrow can change everything.
For me only a daytrade-opportunity here!
What do you think?
Note
previously SL-Hunting!
Note
There is the first fake-move imo. news were pretty hawkish and GU should come back to resistance-zone.
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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.