Short term Pound analysis
On price action, I expect 1.33500 & 1.3300 support to hold, creating great value to buy at since the pair is on an uptrend.
Fundamentals:
Bears are based on
~UK govt is now proposing a tax increase to pay the debt they created during the pandemic
~Brexit is showing no signs of progress...
Bulls are based on
~the sterling is supported by the overall Global Risk-on sentiment
~the Dollar Sell off
~UK economic data is kinda positive at the moment.
However, I will focus on Price Action for Entries and exits tho
Fundamentals:
Bears are based on
~UK govt is now proposing a tax increase to pay the debt they created during the pandemic
~Brexit is showing no signs of progress...
Bulls are based on
~the sterling is supported by the overall Global Risk-on sentiment
~the Dollar Sell off
~UK economic data is kinda positive at the moment.
However, I will focus on Price Action for Entries and exits tho
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.