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TheWallPipsJournal
Apr 30, 2021 7:54 AM

GBPUSD - No Hawkish on US Growth Long

British Pound/U.S. DollarFXCM

Description

Hi,

We have read that the US economic growth of 6.4% did not change the view of the Fed to be more in hawkish mode.

This shall maintain my view that USD is still waiting for its catalyst moving forward.

As per 4H chart, the trendline is being tested, if there is a bounce, I would consider that my long view on GBPUSD is supported.

Happy Trading!

Order cancelled

Good report on US personal income.
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