GBPUSD Pre CPI Simple Trade Plans

19 มิ.ย. 2024

CPI data expected to come in lower YOY and higher MOM.

Pre release we can look at key factors;

1. Short levels that exist now (current entry this AM) and shorts that exist at upper boundary resistance.

2. Longs that exist should we see a sharp fall.

3. Recent sentiment supporting a short side bias case for GBPUSD on a stronger USD.

Levels mentioned are ideal for exits/entries.

19 มิ.ย. 2024

บันทึก

Hold off new shorts until higher level 2 is reached.

20 มิ.ย. 2024

บันทึก

Exit some shorts for gains.