Bearish Flag formed on "Cable"-Short

31 Tem 2018

GBPUSD This coincides with my prev. Head and shoulders post...Use this as TP1. Then h&s analysis as TP2. Aim 1.3043

1 Ağu 2018

Not

FED policy coming up short term dont trade...wait for re entry.

1 Ağu 2018

İşlem aktif

2 Ağu 2018

İşlem kapandı: hedefe ulaştı

BoE raised rates 0.25 basis points..highest levels since 2009. So why didn't the Pound go up on tighter monetary policy? Because Carney didn't mention Brexit...which has been acting as a lid on the Pound exchange rate (unable to push higher)