We remain our bearish bias
We look to short GBPUSD at 1.4360.
Technical View:
-> Symmetric Triangle resistance.
Fundamental View:
1) Carney speech today will be neutral to dovish pointing the Brexit Risks
2) Brexit dominate the currency view
3) We may have some fluctuation on Wage growth data tomorrow and Retail sales but we remain bearish with strong resistance 1.44
Technical View:
-> Symmetric Triangle resistance.
Fundamental View:
1) Carney speech today will be neutral to dovish pointing the Brexit Risks
2) Brexit dominate the currency view
3) We may have some fluctuation on Wage growth data tomorrow and Retail sales but we remain bearish with strong resistance 1.44
Nota
With Softer wage growth and unemployment posts first rise since 2015, one more reason to sell pound.Nota
UK Retail Sales fall more than forecast. for second month ( -1.3%MoM). More reason to keep selling.Nota
More reasons to sell, Carney raising concerns ( Dovish) :
1) BOE has room to cut interest rates if needed
2) China is big risk
3) Labor market will be affected from a Brexit
4) London's financial could shrink
5) The current account deficit would be more expensive
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.
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.