GBPUSD has been bullish for a while, mainly because of the weakened dollar, which has been falling for a whole month. As the US Presidential election is getting closer, we expect the dollar to be bullish until then, as potential rate cuts are coming soon. The structure on GBPUSD has turned bearish, with multiple fundamental indicators like VWAP and Fibonacci levels have been respected. Our first TP target is 1.30 for 200 pips. Will update weekly.
As always trade safe and expect the unexpected.
Fractals Trading Community,
Mei
As always trade safe and expect the unexpected.
Fractals Trading Community,
Mei
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。