GBPUSD - small retracement for next week before a long rally
GBPUSD Trade plan for July17
Expect a small retracement for today and early next week before it goes north on 2nd week July.
- PM May's new cabinet is in place and looks good to hunker down on the Brexit business [ok, they are squabbles and there will be more along the way]
- Economic indicators look good generally, even more so after the election as the political situation is more or less stabilized
- Watch out for USD/Fed on interest rate rise, could throw a spanner in the works
- Gov Carney's on 28June indicated possible interest rate increase
Entry: sell until 1.293 then buy
Exit: 1.325
Expect a small retracement for today and early next week before it goes north on 2nd week July.
- PM May's new cabinet is in place and looks good to hunker down on the Brexit business [ok, they are squabbles and there will be more along the way]
- Economic indicators look good generally, even more so after the election as the political situation is more or less stabilized
- Watch out for USD/Fed on interest rate rise, could throw a spanner in the works
- Gov Carney's on 28June indicated possible interest rate increase
Entry: sell until 1.293 then buy
Exit: 1.325
Nota
U-turn @ 1.296; buy enteredNota
Update exit: 1.347Dagangan aktif
Another retracement cycle completed. Sticking to buy for long termDagangan ditutup secara manual
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.