I see GBP as continuing to be weak, poor GDP data last week, hikes expected to be over, and expecting to see some CHF strength.
BoE interest rates this week, but with the market expecting hiking to be over, I don't think it matters what happens, sterling will fall.
We saw a move above my descending trendline, seeing this as possibly a fake out - we've broken back through my support, now resistance line which would suggest a fall back down to recent lows here.
BoE interest rates this week, but with the market expecting hiking to be over, I don't think it matters what happens, sterling will fall.
We saw a move above my descending trendline, seeing this as possibly a fake out - we've broken back through my support, now resistance line which would suggest a fall back down to recent lows here.
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.