Description
⋅ 2nd Oct 2022
GBP will continue to be weaken with printing of money + cutting interest rate.
USD will continue to be strengthen with tighten QE + increase interest rate.
Therefore, from fundamental perspective, we don't see any upside for GBPUSD.
Wait for the price to rebound back to the circle area or near 40days MA to short it down again.
Target: 1:1 parity (Super High Chance)