Sell Entry 1.03200-1.03500 TP: 1.01000 SL : 1.04200
last week was the Strongest weekly move since the bounce in March of 2020.
1.0350 is Bug: 2017 low, and then was support in May and June, res in August
1.0180-1.0200 now Support Potential
Next res 1.0500, 1.0580-1.0638
Focus This week GBP & EUR CPI Data
As said, a 25 bps hike has been already priced in. If somehow the RBA decided to slow down and go for 0.10% or 0.15%, AUD/USD could come under selling pressure, although if the current market’s optimism persists, the slide should be limited. On the other hand, a 40 bps hike plus hints on more interest rate raises coming would result in the AUD/USD pair surging to...
GPB/USD Sell Opportunity & head and shoulders pattern information & this week June 7 2022 GBP Services PMI & Composite PMI. This news very Importent for GBP.
