Price recently plunged into the deep and has now returned for fair value. We are already in a significant area, on a higher time-frame(1D), so any moment from now they can collapse it, much like last week! Be on the look-out like a meerkat!
1.1680 and 1.1720 are institutional price levels and price tends to have strong reactions in these areas. I expect to see that play out tomorrow.
The following reports will be used to trigger this move:
BoE Monetary Policy Report.
Continuing Jobless Claims 4-Week Average.
Initial Jobless Claims.
Unit Labour Costs.
Nonfarm Productivity.
Stay safe!
1.1680 and 1.1720 are institutional price levels and price tends to have strong reactions in these areas. I expect to see that play out tomorrow.
The following reports will be used to trigger this move:
BoE Monetary Policy Report.
Continuing Jobless Claims 4-Week Average.
Initial Jobless Claims.
Unit Labour Costs.
Nonfarm Productivity.
Stay safe!
Note
It looks like the same thing that happened the last time is about to take place once again: it's already moving before the news. Anyway, I'm already in, we'll see how it goes! Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.