GBPUSD - Bearish Bias
GBP - Strong Bearish
1️⃣ Rising tensions between the UK and EU over the Northern Ireland protocol pressured the GBP.
2️⃣ Ongoing concerns that the opening of the UK economy could still be delayed due to the implication of the Delta variant of the coronavirus, which reported to be around 40% more transmissible.
USD - Weak Bullish
1️⃣ Investors remain cautious ahead of US CPI release later in the week and digest the possibility of an early Fed tapering.
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Technical
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We are selling the GBPUSD at SBR + below SMA 50 + at the pivot point on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Rising tensions between the UK and EU over the Northern Ireland protocol pressured the GBP.
2️⃣ Ongoing concerns that the opening of the UK economy could still be delayed due to the implication of the Delta variant of the coronavirus, which reported to be around 40% more transmissible.
USD - Weak Bullish
1️⃣ Investors remain cautious ahead of US CPI release later in the week and digest the possibility of an early Fed tapering.
=====
Technical
=====
We are selling the GBPUSD at SBR + below SMA 50 + at the pivot point on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Dagangan aktif
Dagangan ditutup: hentian tercapai
❌ TRADE HAS HIT STOP LOSS-25 PIPS
GBP surged after a comment from BoE Chief Economist Haldane says the UK economy is going "gang-busters"; we are already seeing jumped price pressures; we could start tightening the tapering on QE and could ultimately start to turn QE around.
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.
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.