A busy morning ahead with several key stats for the GBP, followed by the highly anticipated US ISM data in the afternoon.
On the geopolitical side, news just broke that Zelensky, the Ukrainian president, is finally ready to sign a deal with the US regarding minerals. This could support both GBP and EUR against the dollar today.
🔎 As always, keep an eye on the data flow.
📈 Trading plan: I’m buying dips around 1.2560 and 1.2580.
A breakout above the resistance at 1.2633 is on the table, but if buyers fail to hold, the next key support sits at 1.2540, and lower if necessary.
On the geopolitical side, news just broke that Zelensky, the Ukrainian president, is finally ready to sign a deal with the US regarding minerals. This could support both GBP and EUR against the dollar today.
🔎 As always, keep an eye on the data flow.
📈 Trading plan: I’m buying dips around 1.2560 and 1.2580.
A breakout above the resistance at 1.2633 is on the table, but if buyers fail to hold, the next key support sits at 1.2540, and lower if necessary.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.