Nakedchartanalysis
EURUSD UPDATE: WHATS NEXTfundamental instrument
read here
uk.reuters.com
technical
in daily chart price find resistant as it drop to level 1.14318 and bounce up breached resistance at 4 hr chart..
Plan monitor sentiment regarding this issue:
- concerns about Italy’s spending proposals ,
- britian (brexit no deal)
- US and relationship with Saudi (tensions over the disappearance of Washington Post contributor Jamal Khashoggi also Saudi TOP US weapon buyer)...nice right?? Saudi spent billion investment on US
happy weekend folks and safe trade
Brexit : NO DEAL
No deal Brexit could destroy the UK's free trade deals with more than 70 countries
Forecast CPI y/y data is lower then Previous
Possible reentry into GBPUSD daily downtrendGBPUSD has been dropping for the past 5 months (April 2018) and i think its an opportunity to ride the wave a bit more... Even though i caught a few pips when the market was bullish briefly, i wouldnt recommend going against the overall daily trend so im all in for a Sell the next few days
Possibly a long upwards trendAs noted, there was a break into an uptrend and I think it's gonna run for a while, myself.
What do you think?
