GBPUSD December Buy Trade

٣٠ نوفمبر ٢٠٢٠

GBPUSDFollowing the bearish bias on USD and the expecting of GBP strength in December duo to fundamental analysis and bias. We need to look at technical analysis for entries. I need a pullback to support before buying creating plan A and B.
For both plans the hard exit at 1.3630


Fundamental reasons for bearish USD

Biden winning and clear direction for government policy
Possible vaccine to covid
Seasonality
End of the year
Low interest rate and possible more stimulus packages

٢٩ ديسمبر ٢٠٢٠

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