TrategySherpa

GBPUSD short-term trading strategy

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Dear friends, GBP/USD is trying to recover after stalling its 3-day advance in the previous session and is trying to rise in the near term. The pair struggled in the previous session and was affected by the strength of the US dollar (USD) following the release of economic data from the United States (US). Investors appear to be aware of continued inflation and a slowing economy in the United States.
The US Dollar Index (DXY) has fallen after two straight days of gains and is trading around 103.70 at the time of writing. The US dollar continues to correct following the release of weak US economic data, but is losing momentum as equity prices rise. Therefore, it is not surprising that Serena is expected to trend down in the short term and drop to the 1.2290 level. What do you think about this topic?
Comment:
Bank holiday bull market
Comment:
Please continue to follow GBPUSD direction, everyone
Comment:
Gold is running very slowly waiting for news tonight
Comment:
We have PMI news tonight
Comment:
Good news for USD
Comment:
GBP continues to rise after PMI news
Comment:
Gold price increased the highest in the short term, the highest recorded price in 2018

Free Signals : t.me/mastercurrencyforex
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.