Broadly speaking USD may strengthen so will GBPUSD be the outlier and GBP becomes stronger than USD? We have an impulse off the 1.14 lows which suggests another run higher while holding above 1.20. A couple more gyrations near current pricing so Cable may drift lower near term.
If this is correct, there could be some interesting cross pair trades being bullish GBPxxx. It takes a little time to put these analysis together so let me know if you welcome the ideas with a thumbs up below. Cheers!
If this is correct, there could be some interesting cross pair trades being bullish GBPxxx. It takes a little time to put these analysis together so let me know if you welcome the ideas with a thumbs up below. Cheers!
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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.