Daniel_Wu

GBPUSD:Will usher in a new round of decline?

FX:GBPUSD   British Pound/U.S. Dollar
GBP continued to fall two conditions required:
1.U. S. economic data must be strong next Monday,
the probability is greater than 60%,
because the employment data on Friday exceeded expectations
2.Next week, the Bank of England rate decision must clearly release a loose signal

My point of view is
The pound will continue to fall next Monday and Tuesday.
Wednesday, Thursday a sharp shock, waiting for the interest rate decision
Friday because Thursday's resolution is uncertain.
The specific operation points will be given on Monday.
Comment: HAVE SOLD @ 1.295
Comment: sl 1.298,tp 1.291
Comment: close +100 pips

Related Ideas

No reason to continue to short GBP if you look at my analyze on EUR/GBP.
But good luck.
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Daniel_Wu Predictindex
i don't trade E/U
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SL and tp?
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Carney BOE always does something to weaken the Pound! But maybe, like Japan and it's BOJ negative rates saga, the age of the central banker is coming to an end.
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Full of uncertainty
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No, I don't agree. Compare with NFP data. GBP was defended very well against the shorters.
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next moday us report will good ,g/u will go down
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thank you for useful info.
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