GBPUSD | It seems the market no longer supports the USD
From the actual price reaction that we can see on GBPUSD, we can see an aggressive bullish price reaction.
Today we didn't have any news at all and the bullish movement that GBP already did with a GAP up is showing that the market can begin to understand that the USD is not so strong and it is hiding the real truth about its economy.
I am expecting the price to fill the GAP down before it moves higher again.
still new at trading. analysed these pair and placed buy. coming here and seeing your post made me hold the position and I am on profit. thanks for posting
KlejdiCuni
⋅
@aarifa44khan, Glad to hear that. However, be careful as USD is still very strong. try to move the stops at breakeven if you find any possibility.