GBPUSD + near term outlook

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Projection = The odds favour the pound in near term. Expect 1.3060 , 1.3200, 1.3300, 1.3400 . Expect buying the dips.

Positive = Hope on the bexit deal supports the pound.
Negative = Increase in virus cases + unemployement + economy rebound dampening

Others = Global risk will affect the price action

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تعليق

US Stimulus flop dropped strengthened USD.
Good buying opportunity . 1.2880 is supported.

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تعليق

Closed all long positions.

Volatility is like to increase due to brexit headline. Wait for dip to buy.