ahead of Hammond on the mic this Wednesday with the UK budget this is a great spot for buyers to come in. This is a very attractive level to get long, there is nothing from the fed this week so despite the huge repricing we saw over the past week with the probability of a hike edging on 80% we still saw the dollar close last week to the downside.
in the telegram group we got a good spot on usdjpy , this dollar weakness for the remainder of the week coincides well with the gbpusd long.
best of luck and please remember to give this idea a thumbs up if it's helped!
Congratulations to all those who took this trade, it was not the easiest of rides... plenty of chop and shake, we got there in the end. Enjoy.