Fundamental and Analysis: Warned on Sterling Pound!!!
In this analysis, Sterling Pound is weakness today about a bad and poor data for jobs, this data showing a loss of 700k jobs in United Kingdom, it's important to read it. Hey, if you check out my analysis of Euro/ Sterling Pound or EUR/GBP, I'm in long on this par so so long.
Now, looking in H4 timeframe we see a bearish rising wedge formed so perfectly to entry in a grant short position to earn money!!!
I showing above 2 thing:
1. Sterling Pound proyect a drop of approximately 280 pips has mark in the anche of the bearish rising wedge, but looking in the Daily, we see a scream of fear of the brexit and I proyect my exact target of 600 pips for long term, that is a good and excellent strategy to earn money a lot more, but be patient and making re-entry on this par, we could to earn a lot, lot, lot and lot!!! in this par. What do you think about this idea? Also, I invest 0.3 lots in this par because I believe in this analysis what I see. And in H1 we see the same situation, there are not to speaking it.
Now, I will going to share you why Sterling Pound it's goes to the make a giant drop of the economy, it's a deep correction that I see in the future.
Fundamental Keys:
1. Sterling Pound to Euro Exchange Rate seeing Brexit pressure but jobs surprise markets
2. With fears of the United Kingdom and European Union relations, the brexit talks collapse persisting, the Pound is still under significant pressure.
3. The U.K. government continues its attempts to underine the Brexit withdrawal agreement.
4. Pound fail to mount recovery despite stronger than forecast jobs.
5. As the UK government won its first parliament vote an pushng through its controversial changes to the Brexit withdrawal agreement yesterday.
6. With little sign that the government will soften its position, no-deal Brexit fears persist. The Pound has been unable to recover much of the huge losses it saw last week.
7. Today, the UK's job market report beating forecasts. Because there were less new jobless claims than expected, and less jobs lost than forecast
8. However, analysts once again warned that the data was cancealing the full impact of the covid-19 on Britain's jobs.
9. Investors will also be watching upcoming data about the UK inflation rate will be published tomorrow.
10. U.K. loses 700k jobs to pandemic as pressure mounts for aid.
The specualte news mark in bold is #2, #9 and #10 was for me the highly impact that show in my own investigation that Sterling Pound is go to the weakness more and more, and the deprecciaiton of the British's currency it's goes to the bear market in medium-term!!! So guys, I believe that suppose that my own target is already of 600 pips to find down in large time.
If you like it this analysis, please support this analysis, it's goes to suppport you and traders community to help other people why the specualte news are important and then, be clasifying as one of the best trader to be distingued.
Also, for you I add a related dieas that maybe it's support you!!!
Now, looking in H4 timeframe we see a bearish rising wedge formed so perfectly to entry in a grant short position to earn money!!!
I showing above 2 thing:
1. Sterling Pound proyect a drop of approximately 280 pips has mark in the anche of the bearish rising wedge, but looking in the Daily, we see a scream of fear of the brexit and I proyect my exact target of 600 pips for long term, that is a good and excellent strategy to earn money a lot more, but be patient and making re-entry on this par, we could to earn a lot, lot, lot and lot!!! in this par. What do you think about this idea? Also, I invest 0.3 lots in this par because I believe in this analysis what I see. And in H1 we see the same situation, there are not to speaking it.
Now, I will going to share you why Sterling Pound it's goes to the make a giant drop of the economy, it's a deep correction that I see in the future.
Fundamental Keys:
1. Sterling Pound to Euro Exchange Rate seeing Brexit pressure but jobs surprise markets
2. With fears of the United Kingdom and European Union relations, the brexit talks collapse persisting, the Pound is still under significant pressure.
3. The U.K. government continues its attempts to underine the Brexit withdrawal agreement.
4. Pound fail to mount recovery despite stronger than forecast jobs.
5. As the UK government won its first parliament vote an pushng through its controversial changes to the Brexit withdrawal agreement yesterday.
6. With little sign that the government will soften its position, no-deal Brexit fears persist. The Pound has been unable to recover much of the huge losses it saw last week.
7. Today, the UK's job market report beating forecasts. Because there were less new jobless claims than expected, and less jobs lost than forecast
8. However, analysts once again warned that the data was cancealing the full impact of the covid-19 on Britain's jobs.
9. Investors will also be watching upcoming data about the UK inflation rate will be published tomorrow.
10. U.K. loses 700k jobs to pandemic as pressure mounts for aid.
The specualte news mark in bold is #2, #9 and #10 was for me the highly impact that show in my own investigation that Sterling Pound is go to the weakness more and more, and the deprecciaiton of the British's currency it's goes to the bear market in medium-term!!! So guys, I believe that suppose that my own target is already of 600 pips to find down in large time.
If you like it this analysis, please support this analysis, it's goes to suppport you and traders community to help other people why the specualte news are important and then, be clasifying as one of the best trader to be distingued.
Also, for you I add a related dieas that maybe it's support you!!!
Order cancelled:
I cancelled too this trade
