This pair is shiting at the bottom. Huge Demand zone (2016-2022). Monetary policy shows that GBP needs to loose strengh. It is over bought for a long time now.
March is going to be a very interesting month with dollar trying to move to risk off market and at the other side we have the worst data in history (inflation at 7.50), war in Ukrania and Covid19.
Trade with care
March is going to be a very interesting month with dollar trying to move to risk off market and at the other side we have the worst data in history (inflation at 7.50), war in Ukrania and Covid19.
Trade with care