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Trader_Landry

Fundamentals will push GBPUSD higher this week...

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Trader_Landry Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Fundamental Analysis GBPUSD
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trendanalysis supportandresistance fundamental gbpusd
Last CPI data was essential to know what direction the market would take. With the last CPI number that came out EXACTLY AS EXPECTED, the Federal reserve of the USA should loosen their next FOMC hike. A 25bps hike is now at 95% probability among investors wich should increase pressure on the US dollar in the next days!
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Comment:
Playing out as expected.. Taking some partial profits and letting it run over the weekend.
Comment:
Core PCE Price Index m/m came out as expected, it will go in our favor!
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