Time to Dump!

7 במרץ 2023

Double-Top confirmed with a break of neckline during New York today. A close below the neckline coupled with a strong Dollar opens doors to more potential to the downside for the next few weeks. Further interest rate hikes are expected later this month at higher rates than previously expected and today's speech by Powell may have very well put a nail in the coffin to the 'once mighty' British Pound. The September 2022 Lows look like a viable target for Swinging.