British Pound / U.S. Dollar

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British Pound / U.S. Dollar forum




GBPUSD Rachel "from accounts" strikes again ! This is basically because attempts to save 10 billion over 5 yrs (or something similar) have totally failed and government has shambolically U-turned. The movement in the pound is not so much the failure of this policy but more the inevitability of tax-rises which another government pledge that will mostly likey be U-turned on. Tax-rises will mean lower projected growth hence the sharp move in the pound. Also this both brings into question the Exchequer's (Rachael Reeves) position and the governments own credibility into quesiton especially over their claimed "fiscal responsibillity".

GBPUSD gbpusd buy now ✅

entry point (1.35700) (1.35600)

TAKE PROFIT 1: (1.36000)

TAKE PROFIT 2: (1.36450)

LAST TARGET(1.36900)

STOP LOSS (1.35200)

GBPUSD I wonder if it's going to hit 1.353+ before bounce back?


GBPUSD This daily candle is the same size as the one on the 17th June - long-awaited pullback while everybody was wanting to buy higher the banks showed everybody who is king once again
Snapshot

GBPUSD guys please look at the bigger picture, look at the weekly and monthly, a pull back is due, and one red candle on the monthly would be a trend on the lower timeframes. Im not saying the long term bullish trend is over, but we should get atleast one red candle on the monthly timeframe

GBPUSD monthly pull back happening now, at least down to 1.34250, buys can be taken but will be short lived, sells can be held for at least a month