GBP USD SHORT, FUNDAMENTALS + TECHNICAL
Updated
GBP USD, according to the US data release today we we will expect US Strong, which will provide a good set up for USD JPY and Of course GBP USD
After this impulse of the pair we will need to recover in order to push lower.
First we have 1.28520 on the cards, However a clean break of 1.30 on the Daily time frames will me this trade invalid.
Furthermore the impulse is great and does not look that will stop now, the relationship between UK-EU is not the best at the moment, this will make the investors give a step back. resulting in a bigger supply of pounds on the market, which will result in a depreciation of the Pound. In another hand we have US coming with positive data.
All the best
Trading Protection
After this impulse of the pair we will need to recover in order to push lower.
First we have 1.28520 on the cards, However a clean break of 1.30 on the Daily time frames will me this trade invalid.
Furthermore the impulse is great and does not look that will stop now, the relationship between UK-EU is not the best at the moment, this will make the investors give a step back. resulting in a bigger supply of pounds on the market, which will result in a depreciation of the Pound. In another hand we have US coming with positive data.
All the best
Trading Protection
Trade closed: target reached
Hey guys well done.Another Take Profit reache!
Tradingprotection = Takeprofit!
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