marcusraiyat

GBPUSD Fundamental LONG BIAS

Long
FX:GBPUSD   British Pound / U.S. Dollar
There has been a huge positive shift in the U.K economic readings on the LogicStrategy.

I would advise to wait for candlestick confirmations and keep a keen eye on further political agenda.

Fed has shown indication of inflationary policies, meaning a depreciation in the U.S dollar is a potential. The tariffs on China are signs of a deflationary outlook, so with the two contradicting outlooks between Trump and the U.S monetary statements, a logical judgement is difficult as of yet.

Comments

Looks like a great setup if the confirmation comes, even better if we see negative USD scores
+2 Reply
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