📊 Technical Analysis
● Two false breakouts at the channel roof (1.3640 ±) underline supply; price is now carving successive lower-highs beneath the blue resistance line inside a 7-day falling channel.
● Fresh bearish rejection of 1.3605 leaves a descending triangle whose base aligns with 1.3563 support; a 30 min close below it exposes the lower rail / June pivot at 1.3525.
💡 Fundamental Analysis
● BoE Chief Economist Pill repeated that “further evidence of disinflation” is needed but rates are “sufficiently restrictive”, reviving August-cut bets, while firm US wage-inflation keeps Fed easing priced farther out—widening the short-rate gap in the dollar’s favour.
✨ Summary
Sell 1.3590-1.3610; break < 1.3563 targets 1.3525. Bear view void on an H1 close above 1.3640.
-------------------
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● Two false breakouts at the channel roof (1.3640 ±) underline supply; price is now carving successive lower-highs beneath the blue resistance line inside a 7-day falling channel.
● Fresh bearish rejection of 1.3605 leaves a descending triangle whose base aligns with 1.3563 support; a 30 min close below it exposes the lower rail / June pivot at 1.3525.
💡 Fundamental Analysis
● BoE Chief Economist Pill repeated that “further evidence of disinflation” is needed but rates are “sufficiently restrictive”, reviving August-cut bets, while firm US wage-inflation keeps Fed easing priced farther out—widening the short-rate gap in the dollar’s favour.
✨ Summary
Sell 1.3590-1.3610; break < 1.3563 targets 1.3525. Bear view void on an H1 close above 1.3640.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Crypto signals in telegram
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.