Though overall sentiment on GBP and its weekly chart all point to bearish, just riding the (most likely) last bullish wave on the head and shoulder pattern on its daily chart before going short after the BoE Rate news tomorrow. Going long with TP @148.260 and a very tight and conservative SL @146.442.
express.co.uk/finance/city/997306/Pound-euro-exchange-rate-GBP-EUR-currency-UK-factory-activity-slows
Daily:
Weekly:
Confidence: C (because this is risky especially the USD news later at 8 & 10pm GMT +8 will definitely affect both GBP and JPY, and also cause more volatility so higher chances of getting whipsawed)
express.co.uk/finance/city/997306/Pound-euro-exchange-rate-GBP-EUR-currency-UK-factory-activity-slows
Daily:
Weekly:
Confidence: C (because this is risky especially the USD news later at 8 & 10pm GMT +8 will definitely affect both GBP and JPY, and also cause more volatility so higher chances of getting whipsawed)
Trade fermée: ordre d’arrêt atteint
At least the loss is very minimal :)
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.