Happy Monday traders🔥
This is a short trade setup I’m currently in, expecting price to trade lower to 1.11000.
Very hawkish comments from Fed Jerome Powell last week.
Very dovish comments from the BoE (Bank of England).
When we take relative strength into consideration, we can see that GBPUSD should not be trading higher. However, at the moment it is because of the unemployment rate ticking higher in the US as we saw on last Friday’s print.
To get notifications of my future trade ideas, consider following. As always, I appreciate your support✅
This is a short trade setup I’m currently in, expecting price to trade lower to 1.11000.
Very hawkish comments from Fed Jerome Powell last week.
Very dovish comments from the BoE (Bank of England).
When we take relative strength into consideration, we can see that GBPUSD should not be trading higher. However, at the moment it is because of the unemployment rate ticking higher in the US as we saw on last Friday’s print.
To get notifications of my future trade ideas, consider following. As always, I appreciate your support✅