#GBPUSD 4H | #Swing trade
The Cable (nickname for GBPUSD) has been in a bearish since March. And we think it might be time for this pair to reverse. So we are bullish on this pair for the next few weeks.
Technically, The Cable has already broken the bearish trendline that has formed in late April, which indicates that a change in trend is about to happen (in the short-term at least).
:newspaper: Fundamentals to look out for:
- U.S. CB Consumer Confidence
- U.S. New Home Sales
- U.S. Core Durable Goods Orders MoM
- U.S. Gross Domestic Product (GDP) QoQ
- U.S. Initial Jobless Claims
- U.S. Pending Home Sales MoM
- U.S. Crude Oil Inventories
Risk ONLY: 2-3%
Good Luck!
The Cable (nickname for GBPUSD) has been in a bearish since March. And we think it might be time for this pair to reverse. So we are bullish on this pair for the next few weeks.
Technically, The Cable has already broken the bearish trendline that has formed in late April, which indicates that a change in trend is about to happen (in the short-term at least).
:newspaper: Fundamentals to look out for:
- U.S. CB Consumer Confidence
- U.S. New Home Sales
- U.S. Core Durable Goods Orders MoM
- U.S. Gross Domestic Product (GDP) QoQ
- U.S. Initial Jobless Claims
- U.S. Pending Home Sales MoM
- U.S. Crude Oil Inventories
Risk ONLY: 2-3%
Good Luck!
註釋
For the people who are waiting, Extended Target 3 is now invalid.Congrats if you took this trade, ~120+ pips when Target 2 hit.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。