Dear Trader, GBPUSD we are expecting a massive bearish downtrend to begin as we approach the CPI AND FED outcome, where we DXY is expected to be bullish for short term; 400 pips GBPUSD is our first target.
@Afsars yup hopefully though CPI has came out negative.
motojp450f
⋅
@Afsars, i reckon even a long bearish purchase on a sell with say 9% stop on possible fake out surge then the long fall down to the under bought range should be very likely and a moderatly wise play at any entry over next few hours... ? what everybody else think on that