Bullish on GBPUSD after Interest Rate Drama
After the US interest rate decreased to 5%, instead of the expected 5.25%, the US market went into high volatility, which I decided to wait out of making any trades.
Since things have settled down, I have decided to open a long position on PEPPERSTONE:GBPUSD. Following the market trend found on both intraday and daily charts, I believe that the trend will continue despite the high amount of volume from the evening's drama.
The UK will also adjust their interest rate tomorrow at 11:00 BST, so I will be at the charts ready to respond to any potential stop loss adjustments.
Since things have settled down, I have decided to open a long position on PEPPERSTONE:GBPUSD. Following the market trend found on both intraday and daily charts, I believe that the trend will continue despite the high amount of volume from the evening's drama.
The UK will also adjust their interest rate tomorrow at 11:00 BST, so I will be at the charts ready to respond to any potential stop loss adjustments.
עסקה סגורה: הגיע לסטופ
Stop loss bounced lower than expected and then returned, and I couldn't respond since I was in bed! Frustrating... but reopening the position ahead of the BOE Interest rate decision
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.
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.