Update on GBP short
Governor Powell provided the fire power for the USD last night. Hawkish comments on the probable path of US interest rate rises.
GBP is getting sold off. Sitting on 50 SMA (4h) right now, immediate trend is definitely downward, below 50 SMA will quickly descend to 1.5640-1.56 region.
US Final GDP is the focus today, a positive final result would be a great surprise to many.
GBP is getting sold off. Sitting on 50 SMA (4h) right now, immediate trend is definitely downward, below 50 SMA will quickly descend to 1.5640-1.56 region.
US Final GDP is the focus today, a positive final result would be a great surprise to many.
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