🔔🔔🔔GBP/USD news:
➡️ The British Pound (GBP) is trading cautiously around 1.3350 against the US Dollar (USD) in European trade on Wednesday, as investors await the Federal Reserve's monetary policy announcement at 18:00 GMT.
➡️ According to CME's FedWatch tool, bond markets have almost fully priced in the possibility that the Fed will keep interest rates steady in the 4.25%–4.50% range.
➡️ Meanwhile, traders are increasingly expecting the Bank of England (BoE) to cut its key borrowing rate on August 7, as the UK labor market shows signs of cooling.
Personal opinion:
➡️ GBP/USD will remain stable below the 1.3400 region, awaiting economic data and
US Federal Funds Rate.
➡️ Technical analysis based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3400 - 1.3410
❌SL:1.3450 | ✅TP: 1.3330
FM wishes you a successful trading day 💰💰💰
➡️ The British Pound (GBP) is trading cautiously around 1.3350 against the US Dollar (USD) in European trade on Wednesday, as investors await the Federal Reserve's monetary policy announcement at 18:00 GMT.
➡️ According to CME's FedWatch tool, bond markets have almost fully priced in the possibility that the Fed will keep interest rates steady in the 4.25%–4.50% range.
➡️ Meanwhile, traders are increasingly expecting the Bank of England (BoE) to cut its key borrowing rate on August 7, as the UK labor market shows signs of cooling.
Personal opinion:
➡️ GBP/USD will remain stable below the 1.3400 region, awaiting economic data and
US Federal Funds Rate.
➡️ Technical analysis based on support resistance levels and trend lines combined with EMA to come up with a suitable strategy
Personal Plan:
🔆Price Zone Setup:
👉Sell GBP/USD 1.3400 - 1.3410
❌SL:1.3450 | ✅TP: 1.3330
FM wishes you a successful trading day 💰💰💰
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Join now !!!!
Channel: signals - knowledge and FOREX comments
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.