GBPUSD Well Resisitive? Panic Selling? Sept 24-28
Despite positive Pound Inflation pick up, Positive Retail Sales, BOE 2 times hiking, May's Rejection of proposals with EU at the end of the day no decision at all could keep panic selling down!!. EU is the less to loose here. Fed will rise in September obvious December doubtfulness can hope some recovery for Pound bidders vs Dollar!!
UK Irish border and trade ties continues. Some EU countries veto the Irish -UK Border issues to keep UK in the EU bloc!!!
EU might emphasize GU should move in the same direction as EU when a optimistic deal is stroked!!
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Techincally
We have recovered R1 and retest to R1 could open ways to shorting!!!
Key support 1.3009 1.2805 1.2280
Slide down to key support 1.2280 could complicate things with US Major counterpart charts, EU AU NU
Trade Safe!!!
UK Irish border and trade ties continues. Some EU countries veto the Irish -UK Border issues to keep UK in the EU bloc!!!
EU might emphasize GU should move in the same direction as EU when a optimistic deal is stroked!!
______________________________________________________________________________________________________
Techincally
We have recovered R1 and retest to R1 could open ways to shorting!!!
Key support 1.3009 1.2805 1.2280
Slide down to key support 1.2280 could complicate things with US Major counterpart charts, EU AU NU
Trade Safe!!!
Comment:
Wait until R1 is recovered !!!
Comment:
