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Good news for USD, bad for GBP
British Pound / U.S. Dollar
Good news for USD, bad for GBP
By VIP_Trading_Technologies
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Nov 5, 2021
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Nov 5, 2021
Hi folks:
Here's my view on this pair. With today's NFP & Unemployment data from USA it will send the USD higher and therefore it will send the GBP lower.
My target remains unchanged for the time being as long as we remain inside both descending channels.
Remember to open trades at the edges of the channels based on Technical Analysis and Fundamentals, otherwise you may get stuck in nomansland.
All the best.
Fundamental Analysis
Trend Analysis
VIP_Trading_Technologies
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