GBPUSD short
I think we could see GBPUSD move lower here.
overall narrative for the way up has been more so just risk on sentiment on the back of peak inflation/potentially less fed hikes this year. I think on wednesday when the BoC likely hikes 50bps we may have a return to risk off as people move back to the idea of global central bank tightening.
We've also got a move lower in GBP rate differentials and slightly lower risk sentiment today.
nice break of a wedge we've been forming could also help push the pair lower.
Not trading/investment advise, feedback welcome!
overall narrative for the way up has been more so just risk on sentiment on the back of peak inflation/potentially less fed hikes this year. I think on wednesday when the BoC likely hikes 50bps we may have a return to risk off as people move back to the idea of global central bank tightening.
We've also got a move lower in GBP rate differentials and slightly lower risk sentiment today.
nice break of a wedge we've been forming could also help push the pair lower.
Not trading/investment advise, feedback welcome!
Nota
think this is done here for 1.83 RR
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.