Short

GBPUSD increased briefly then decreased

Aggiornato

Hello dear friends,

GU has broken out of the downward channel with a breakthrough at 1.2260. It is currently trading at 1.2198, undergoing the second phase of short-term recovery. My next long-term target is at 1.2111, followed by 1.2036.

What are your thoughts?

Nota

The University of Michigan's consumer sentiment survey, which showed a significant increase in the one-year inflation expectations component, added a boost to the US Dollar (USD). After this report, the probability of the Federal Reserve (Fed) raising policy rates again in December fell to 67% from nearly 75% earlier this week.

Nota

Early Tuesday, the UK Office for National Statistics will release wage inflation data for August.

Nota

has reached the target resistance level followed by the nearest support level

Nota

Trade attivo

Nota

+40 pip

Nota

GBPUSD decreased deeply, continuing the selling position

Trade chiuso: obiettivo raggiunto

reached TP1

AlselvSignals

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