GBPUSD - small retracement for next week before a long rally
GBPUSD Trade plan for July17
Expect a small retracement for today and early next week before it goes north on 2nd week July.
- PM May's new cabinet is in place and looks good to hunker down on the Brexit business [ok, they are squabbles and there will be more along the way]
- Economic indicators look good generally, even more so after the election as the political situation is more or less stabilized
- Watch out for USD/Fed on interest rate rise, could throw a spanner in the works
- Gov Carney's on 28June indicated possible interest rate increase
Entry: sell until 1.293 then buy
Exit: 1.325
Expect a small retracement for today and early next week before it goes north on 2nd week July.
- PM May's new cabinet is in place and looks good to hunker down on the Brexit business [ok, they are squabbles and there will be more along the way]
- Economic indicators look good generally, even more so after the election as the political situation is more or less stabilized
- Watch out for USD/Fed on interest rate rise, could throw a spanner in the works
- Gov Carney's on 28June indicated possible interest rate increase
Entry: sell until 1.293 then buy
Exit: 1.325
Nota
U-turn @ 1.296; buy enteredNota
Update exit: 1.347Trade attivo
Another retracement cycle completed. Sticking to buy for long termTrade chiuso manualmente
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.