We have an OPEC meeting on Sunday, hopefuly coming to an agreement with Russia, to bring the oil prices higher, which is highly crucial for the economy right now. But as the virus will still be around for a pretty long time we should expect this to be a quick long, IF the OPEc meetings provide a solution. Then shorting again after the pump is made. The other...
So based on the economic situations, gbp is shorting. We can also see when analsing from bigger tf to smaller, the overall trend is short. We just had some pullbacks from the previous major shorts, and should now continue the fall. I'll be using cca 130ish pips stoploss on market open due to the pairs volatility. tp is about 600pips. depends on the pair. The only...
