GBPUSD Continuously decreasing in recent days for OANDA:GBPUSD by Krado_KO

GBPUSD Continuously decreasing in recent days

⚡️The Pound Sterling (GBP) weakened further after S&P Global reported that the United Kingdom’s service sector started shrinking due to infirm demand from households and the private sector amid a high-interest rate environment. The GBP/USD pair is attempting a recovery after printing a fresh 11-week low, though it could be used as a selling opportunity by market participants as the overall market sentiment is bearish.

⚡️Share your thoughts with me, Krado looks forward to it.

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⚡️Actual PMI news is larger than forecast, good prospects for USD

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⚡️My plan was right

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⚡️GBP/USD remains on the defensive near a three-month low touched on Wednesday.
⚡️Bets for more Fed rate hikes continue to underpin the USD and weigh on the major.

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⚡️sideway waiting for news of US Jobless Claims tonight

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GBP forecast week 35.pressure from USD interest rate hike

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⚡️The Pound Sterling faces significant pressure as the BoE appears to be reluctant to raise interest rates further.

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⚡️After the news, everything was still according to my plan

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⚡️After Unemployment Claims news, reality was smaller than forecast, good for USD, bad outlook for gold

Trade closed: target reached

Trade active

Trade closed: target reached

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GBPUSD Expected to recover, after a series of strong declines.

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⚡️ new paths

Trade closed: target reached

Trade active

Krado_KO

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