An upward Dollar Index trend that started back in mid-April continues to trend upward with higher highs and higher lows. A hawkish FED will continue this trend. I'm short on GBPUSD because of this and the completion of the ABCD Pattern. Looking for a 500 pip gain in 1-2 weeks with a trailing stop. The FOMC Statement Wednesday afternoon should give this predicted...
Hawkish Fed started a bullish Dollar Index move back in mid-April that continues to trend upward with higher highs and higher lows. I'm short on GBPUSD because of this and the completion of the ABCD Pattern. Looking for a 500 pip gain in 1-2 weeks with a trailing stop. The FOMC Statement Wednesday afternoon should give this predicted downward move a boost.