If we have cooling PMI, NMI, and employment data for the USD, the potential scenario would be to buy GBPUSD, for the week the SL and TP parameters with a 25% probability of touching SL if data shows growth again, and a Tp with 65% chance of being hit if US data shows cooling.
We still do not have any response from Israel, we are still in a swing trade with an SL that allows us to continue within the position while we have some communication.
Meanwhile, intraday gold continues to be a good safe haven asset against risk, given that other economies were aggressively increasing their gold reserves.
Sell GBPUSD.
Fundamental direction of leading indicators continues to show a bearish direction for the rest of the month, the fundamental idea is to buy the dollar and basically sell any cross against the dollar.
We still have volatility to cover in the GBPUSD asset and as long as momentum technicians continue to enable us in a bearish direction we can continue...
