GBP/USD likely to continue the DROP!
Hey tradomaniacs,
GBP/USD has just re-tested a key-resistance-zone after the recent strong momentum to the downside.
Overall choppy price-action currently due to upcoming news, but we can expect meeting-minutes to be very hawkish and so a strong US-Dollar.
Don`t hold too long as CPi-Data tomorrow can change everything.
For me only a daytrade-opportunity here!
What do you think?
GBP/USD has just re-tested a key-resistance-zone after the recent strong momentum to the downside.
Overall choppy price-action currently due to upcoming news, but we can expect meeting-minutes to be very hawkish and so a strong US-Dollar.
Don`t hold too long as CPi-Data tomorrow can change everything.
For me only a daytrade-opportunity here!
What do you think?
Comment:
There is the first fake-move imo. news were pretty hawkish and GU should come back to resistance-zone.
previously SL-Hunting!