Despite the bullish overall market sentiment, continue to sell GBPUSD based on weekly trend and daily price action, as well as from USD recovery from higher yields in 10yr US T-bonds. TP is set @1.375 and SL @1.40.
marketpulse.com/20180425/gbpusd-pound-under-pressure-as-us-bond-yields-rise/
Daily:
Weekly:
Confidence: B (must watch out this Friday though and better close position before the GDP news 8:30AM GMT)
marketpulse.com/20180425/gbpusd-pound-under-pressure-as-us-bond-yields-rise/
Daily:
Weekly:
Confidence: B (must watch out this Friday though and better close position before the GDP news 8:30AM GMT)
Trade closed: target reached
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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.