GBPUSD Fundamental LONG BIAS
There has been a huge positive shift in the U.K economic readings on the LogicStrategy.
I would advise to wait for candlestick confirmations and keep a keen eye on further political agenda.
Fed has shown indication of inflationary policies, meaning a depreciation in the U.S dollar is a potential. The tariffs on China are signs of a deflationary outlook, so with the two contradicting outlooks between Trump and the U.S monetary statements, a logical judgement is difficult as of yet.
I would advise to wait for candlestick confirmations and keep a keen eye on further political agenda.
Fed has shown indication of inflationary policies, meaning a depreciation in the U.S dollar is a potential. The tariffs on China are signs of a deflationary outlook, so with the two contradicting outlooks between Trump and the U.S monetary statements, a logical judgement is difficult as of yet.
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