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- China reiterate covid lockdown
- Very red export/import data (low economic activity)
- Possible incoming bad datas from China, including retail sales and inflation
- PBoC keep fixes yuan vs USD higher
- Crazy moves on Friday
- Everybody forget abt what is normal inflation
- Markets are pricign hikes deep in 2023
- Rates are not going anywhere down for a while and thats is only bad news for equities.
- On double VWAP Resistance
GBPNOK LONG SETUP
- Oil drop due to slow down/recession in China
- Better than expected U.K earning
- Above TC red line and VWAP
- About to break the diagonal Resistance
- Cup & Handle formation