Time Frame: 4H
Symbol: GBPUSD
Entry: 1.21157
TP: 1.19514
SL: 1.22292
Bias: Short
The economic calendar today is focused on U.S. and EZ data with building permits set to push lower to its lowest level for 2022 and may provide cable with some upside momentum. With regards to the eurozone, consumer confidence is forecasted at improving from the November read leaving the door open for additional euro strength should the actual data come in line or exceed expectations.
Symbol: GBPUSD
Entry: 1.21157
TP: 1.19514
SL: 1.22292
Bias: Short
The economic calendar today is focused on U.S. and EZ data with building permits set to push lower to its lowest level for 2022 and may provide cable with some upside momentum. With regards to the eurozone, consumer confidence is forecasted at improving from the November read leaving the door open for additional euro strength should the actual data come in line or exceed expectations.
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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.