Inorogu

Long GBPUSD short term

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Longing GBPUSD with a good R:R. We think that near term dollar should retreat and we think that J Powell will sing the same tune at the Jackson Hole event. The market roared yesterday from missed PMI's ... If we get a miss from PCE on Friday we might have a temporary bottom and get a macro pullback for near term. Trade with caution as the markets are very volatile. The trend is still down but that does not mean we cannot capitalize on pullbacks. Have a great day everyone!

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