KayansMarkets

GBP/USD - Short Sell Fundamental and Technical Set Up

做空
FX:GBPUSD   英镑/美元
The British pound continues to come under selling pressure as the UK grapples with high inflation, caused by high energy prices, supply chain issues, and a cost of living crisis forcing consumers to lose confidence in their future economic prospects and drastically cut back on spending.

The UK economy is expected to fall into a recession, whilst a recession in the US is still under debate given the strength in the labor market.

I am looking at taking a short sell position below $1.28 on the exchange rate.

Kayan Kalipha
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