On top of the channel..... maybe this is the pullback we needed to get short.
I added to the short at specific planned levels... may get stopped out...but for now..short...
Note
Just as I described in my video and previous FUNDAMENTAL ANALYSIS... the PPI and CPI came out good because of the pricve fall and rising cost of imports for GBP.
So, this was what I predicted.....and I remain bearish going forward.
Note
Please Read: Observe my comment on UK's Inflation:
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.