📊 Technical Analysis
● Cable’s bounce stalled at the channel base (≈1.3500); price is now carving a bear flag beneath that rail and the prior wedge-break line, signalling failure to regain trend support.
● A 4 h close under 1.3415 confirms channel loss, opening the mid-May pivot 1.3271; flag top at 1.3470 caps risk while lower-high sequence stays intact.
💡 Fundamental Analysis
● Friday’s firm US consumer-sentiment and Fed Gov. Waller’s “no urgency to cut” comments nudged 2-yr yields back toward 4.80 %, reviving dollar demand.
● UK June payrolls contracted for a third month and wage growth cooled, boosting August BoE-cut odds and weighing on sterling.
✨ Summary
Sell 1.3460-1.3490; sustained trade below 1.3415 targets 1.3271. Short view void on a 4 h close above 1.3470.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
● Cable’s bounce stalled at the channel base (≈1.3500); price is now carving a bear flag beneath that rail and the prior wedge-break line, signalling failure to regain trend support.
● A 4 h close under 1.3415 confirms channel loss, opening the mid-May pivot 1.3271; flag top at 1.3470 caps risk while lower-high sequence stays intact.
💡 Fundamental Analysis
● Friday’s firm US consumer-sentiment and Fed Gov. Waller’s “no urgency to cut” comments nudged 2-yr yields back toward 4.80 %, reviving dollar demand.
● UK June payrolls contracted for a third month and wage growth cooled, boosting August BoE-cut odds and weighing on sterling.
✨ Summary
Sell 1.3460-1.3490; sustained trade below 1.3415 targets 1.3271. Short view void on a 4 h close above 1.3470.
-------------------
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.