GU pushed up higher creating a new weekly high approaching a key level. Coming week (May 27-31) Looking for price to trade lower into the buy side imbalance sell side inefficiency to balance the market (probably Monday and Tuesday) before rallying upwards to the highs above.
NB: A couple of news events in the week: CB consumer confidence on Monday. Thursday and Friday preliminary GDP, employment claims and core PCE.
A couple of trading opportunities for the week but 80 pips will be enough for Kroos farewell Hala Madrid!
NB: A couple of news events in the week: CB consumer confidence on Monday. Thursday and Friday preliminary GDP, employment claims and core PCE.
A couple of trading opportunities for the week but 80 pips will be enough for Kroos farewell Hala Madrid!