The dollar is gaining strength amid rising tariffs and inflationary pressures, bolstered by the Federal Reserve’s monetary policies. Meanwhile, the UK is grappling with stagflation and a sluggish economy. This mid-term setup makes shorting the pound an attractive proposition.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.