Idea for G/U next week.
Last week BoE announced Quarterly Inflation Report which showed their viewpoint about future monetary policies. They might increase Interest rate soon if Employment rate falls below 7.0%. This is a less dovish comment which could affect to the G/U and drag G/U higher.
Technical Analysis: Everything I show on the chart.
Long G/U : Target: 1.625
Technical Analysis: Everything I show on the chart.
Long G/U : Target: 1.625
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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.