GBPUSD Simple Trade Plans Pre Double CPI
Tomorrow, we have key CPI data out the UK and US.
As a key economic factor this could shake markets, particularly assets like GU.
Stickier inflation may lead to delays in rates, so if one supports a hawkish stance, one supports a bearish stance, we may see a wide deviation.
Thus far, via the long term trend, GBP strength has reined over USD weakness, this case could continue based on tomorrow if risk appetite changes drastically in terms of monetary policy stance(s).
That would also take us further towards the Upper TL within this long term uptrend.
Although the BOE has taken a dovish stance, it's a tentative one. There is real concern around the FED board that rates should have already been lowered, but that is more to do with stats for Jobs + growth.
Awaiting sentiment inflow, happy to take a short bias.
As a key economic factor this could shake markets, particularly assets like GU.
Stickier inflation may lead to delays in rates, so if one supports a hawkish stance, one supports a bearish stance, we may see a wide deviation.
Thus far, via the long term trend, GBP strength has reined over USD weakness, this case could continue based on tomorrow if risk appetite changes drastically in terms of monetary policy stance(s).
That would also take us further towards the Upper TL within this long term uptrend.
Although the BOE has taken a dovish stance, it's a tentative one. There is real concern around the FED board that rates should have already been lowered, but that is more to do with stats for Jobs + growth.
Awaiting sentiment inflow, happy to take a short bias.
Uwaga
Higher chance of cut in Sept despite data (Expected).
Awaiting CPI, any shorts taken, you could cover your entry.
Uwaga
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.