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Here we have our GBPUSD charts on different TF's..
UK market Sentiment is heavily focused on Record high inflation driving consumer prices and causing a cost of living crisis. The BOE has decided that it will raise interest rates in the coming months to battle this. This market news weighs heavily on the GBP.
US news is heavily focused on monetary policy and overseas global tensions, with each stage giving more volatility to the market. the ever growing news story is causing fluctuations that rip high and fall low..
Technically, we are approaching some key price rejection areas where sellers are moving in. We want to trade in line with the market forces and can short at these areas riding price down.
Here we have our GBPUSD charts on different TF's..
UK market Sentiment is heavily focused on Record high inflation driving consumer prices and causing a cost of living crisis. The BOE has decided that it will raise interest rates in the coming months to battle this. This market news weighs heavily on the GBP.
US news is heavily focused on monetary policy and overseas global tensions, with each stage giving more volatility to the market. the ever growing news story is causing fluctuations that rip high and fall low..
Technically, we are approaching some key price rejection areas where sellers are moving in. We want to trade in line with the market forces and can short at these areas riding price down.
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Free Discord Secret Server:
bit.ly/bpadicsord
Daily Mentoring On Zoom:
bit.ly/prottm
Posts Not financial advice.