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Shane-investment
9 Th06 2023 10:54

GBP/USD resumes upside journey Giá lên

British Pound/U.S. DollarFXCM

Mô tả

GBP/USD has resumed its north-side journey as the USD Index has sensed barricades after a less-confident recovery.
Easing US labor market conditions have faltered expectations of more interest rate hikes from the Fed.
Higher earnings and upbeat UK Employment would put more pressure on the BoE ahead.
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kacreal103
Today, no chance
mahfuzazim_TA
Can we take a short position from 1.260xx for technical corrections?
Shane-investment
@mahfuzazim_TA No do not take any sell positions in a bullish trend ..

I have a major daily Resistance between 1.26637 & 1.26267 ..if prive cant break above, price will fall..

but for now I'll advise you to wait for price to come and react on 1.26000 ...
do not sell in a bullish market buy and enjoy the ride to the top
Shane-investment
thanks for your feedback ...
we will have to wait and see ...
kacreal103
@Shane-investment It would already start with the London session.
Shane-investment
@kacreal103 that's a Swing Trade I've posted..not an intraday ..
remember alot of retail traders are selling from a major daily resistance...the market makers will always do the opposite and trap alot of sellers...

the Daily timeframe also indicates bullish momentum..
kacreal103
@Shane-investment With a dovish Fed. It's really possible your prediction works for next week. Actually, it's a good analysis. 👍🏻
Shane-investment
thanks mate i appreciate your feedback
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