Marenno

GBP GOV CARNEY IS ABOUT TO SPEAK - COMMENTS

FX:GBPUSD   Pound Sterling/U.S. Dollar
Well most of the participants are expecting a Pound to go down, but we already had a surprise effect with interest rate decision, so what to expect now?

1 Economy - nothing has changed yet, even though G is leaving, it will take time
2 Friday - due to some explanations on Behavioural finance studies, the market is most likely to be illogical during
the Friday, so any move that might happen on Friday can be considered as a false one
3 Technical Analysis - in a short term perspective the price can actually have a volatile day
4 in case of a late signal there is a possibility for a stationary market later, so the moves can happen during the Monday's Asian session.

So choosing not to trade today at all might be a good idea my fellow traders!

Have a great day!!! And don't destroy your 2 days weekend with a 1 day - Friday!!!
Hi Sir, what if the 1.3208 level breaks, will the price go down directly 1.30? Thanks
Reply
greet ..
Reply
Marenno LongBreak
:)
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out