Morning traders, I'm seeing a big beautiful bearish engulfing on the daily on GBPUSD, and that I think will be enough to get me into shorts over the next couple of sessions
Yes, currently we should expect a bit more Dollar strength heading into the FOMC next week, the current context feels a mix of risk off sentiment with also some hawkish expectations for the upcoming rate decision, a 25bps is sealed in but now there is some sentiment growing for even another 25bps hike at the June rate decision, NOT sure about that because between now and then the pressure on banks could resurface but we will see
Either way, my focus remains on USD longs at the moment, open to changing my mind quickly if the PCE on Friday prints soft, but for now, I will be looking for GBPUSD shorts near 1.24800, no pending order placed yet
Smart Jet
古いコメントはありません。ソファをつかむ最初のものになりましょう。