GBPCHF meeting strong Resistance at 1.18

10 Mei 2023

Currently short

Strategy Leg Trade

GBPCHF making currently LH LL
POC is heavy resistance

The VP of today(10May2023) is D-Shape leaning bearish



IF BREAKING 1,08756 it can go to 1,05945
There may retrace

If Breaking throuh ,then it can Fall to 1,01875

Low Volume are:

Big Probabilitiy that we will have Big retracement there
as Buyers on Sept. 26,2022 PUSHED the market higher,
Agressive Buyers will defend this zone whatever it takes


If breaking above 1,18,then it can go to 1,29


For Counter Trades

1,00-1,03 Buy Possibility wit a taret to 1,15


1,29 Sell Possibility Target 1,18-1,20


Use always stops.

11 Mei 2023

Nota

What is the debt ceiling?
The federal government operates in a deficit, spending more than it brings in with taxes, so it’s forced to borrow money to pay for everything from the salaries of armed forces and federal employees to Social Security

Congress has the power of the purse strings, letting it set a limit on what the government can borrow to pay for expenses (the debt ceiling). The current limit is $31.4 trillion.

What happens if the debt ceiling is not raised or suspended?
When does the U.S. hit spending limit?
How many times has the debt ceiling been raised?

How much has the U.S. debt increased in the past 20 years?

What caused the debt?
Answers here