British Pound / U.S. Dollar
Short
Updated

Short-term decline after President Trump's announcement

157
🔔🔔🔔GBP/USD news:

➡️ The GBP/USD pair has rebounded from its lows but remains under pressure near the 1.3300 mark in early European trading on Wednesday. The pair stays weak as investor interest shifts back toward U.S. assets, including the U.S. Dollar, supported by a more optimistic tone from President Donald Trump. However, investors might shy away from the greenback if Trump or his administration officials persist in pushing for rate cuts or the removal of Fed Chair Powell.

Personal opinion:
➡️ The USD is being supported in the short term after the latest dovish news from Trump. So in the short term, it will create a bearish momentum for GBP/USD

➡️ Analysis based on important resistance - support levels and Fibonacci combined with EMA to come up with a suitable strategy

Plan:
🔆Price Zone Setup:

👉Sell GBP/USD 1.3330- 1.1.3340
❌SL: 1.3375 | ✅TP: 1.3260 - 1.3200

FM wishes you a successful trading day 💰💰💰
Trade active
check GBP/USD
Hit + 45 pips from sell 1.3338
Congratulation
Trade closed: target reached
Hit+ 90 pips from sell 1.3338
EXact plan
congratulation

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