FX.co - Crazyboy1 | GBP/USD

2024-05-05T00:22:44

GBP/USD

GBP/USD H4 And here I can only agree with you, because indeed the trading range for the pound has not changed yet, and yesterday it turned out to be a walk in both directions. And they even went down to the 1.2470 area, but they didn’t stay there for long either, because all this fall was very quickly bought back, and the day closed with a pin. Moreover, now there is also quite good pressure in the northerly direction and it should be noted that we still have the platform, and therefore the targets in the area of 1.2575.pair, I believe that at that time the pair was kept in the range by the fact that the UK did not say anything about the fact that it was beginning to stop tightening monetary policy. After she had already said that perhaps this year she would reduce interest rates, she went below the support of 1.24379. I don't think there is a reason for

GBP/USD

But in any case, it is important how we bargain with the Americans, because we get quite a few statistics on the states, including on the labor market. And so I myself am still looking in the northern direction. And therefore, if we still have targets and again manage to go down to the area of 1.2490, then I will try to buy there, especially since the stop will be currency pair does not show a clear trend and a flat can still be identified for the pound. However, it is clear that the pound is declining reluctantly, since without making a downward turn, the pound-dollar currency pair rushed up and this was due to the fact that too much economic news came out that

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Forum user

investsocial.com

Crazyboy1

Trader Journals

GBP/USD

Comments:

FX.co ★ Crazyboy1 | GBP/USD

Trader Journals

GBP/USD

Comments: