As you guys already knew. Dxy doing pullback move. in fundamentally side,. CPI and inflation numbers are so bad. high inflation makes dollar doing corrective pullback. the monthly nfp report also shows bad numbers. on my weekly and daily analysis, dxy testing the weekly trendline+ daily demand area. and now slowly form a bullish engulfing candle on daily time...
As you know GBP were bullish since a month ago. its because the fundamentally factor. BoE rate high is the key on this situation. meanwhile the fed still not yet take action on the inflation. that makes gbp strong on the fundamental side. as you know that on the last nfp ,the report was so bad. that makes dollar more in suffer these day. investor still waiting for...
