Weekly Reflection : GBP/USD
Well.. what a week..
I honestly thought the move back up to the highs at 1.42 would have closed a lot faster than the pace we are moving now.
Overall I remain Bullish on Cable for the time being yet I am slightly hesitant about the dollar strength.
Lots of big news next week again, volatility will be super high mid-week so trade safe. And to think the DXY has returned to pre-FOMC meeting levels is a real kick in the bum.. anyway..
Have a great weekend and will update any of my analysis Monday
I honestly thought the move back up to the highs at 1.42 would have closed a lot faster than the pace we are moving now.
Overall I remain Bullish on Cable for the time being yet I am slightly hesitant about the dollar strength.
Lots of big news next week again, volatility will be super high mid-week so trade safe. And to think the DXY has returned to pre-FOMC meeting levels is a real kick in the bum.. anyway..
Have a great weekend and will update any of my analysis Monday
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