Preferred direction: SELL
Comment: Just as in the case of the euro, the British pound is also under the target of sales, however, it should be noted that the potential for a fall here is lower than that of the former. We have previously written about selling using this instrument and continue to adhere to this. Today marks the start of a rather busy period of the week, and the main focus of attention is, of course, the Fed and its rhetoric about upcoming policy. Just like for the euro, we highlight two scenarios. The only difference between them is the depth of the supposed false upward movement. The target is common and is at the level of 1.25000.
Thank you for like and share your views!
Comment: Just as in the case of the euro, the British pound is also under the target of sales, however, it should be noted that the potential for a fall here is lower than that of the former. We have previously written about selling using this instrument and continue to adhere to this. Today marks the start of a rather busy period of the week, and the main focus of attention is, of course, the Fed and its rhetoric about upcoming policy. Just like for the euro, we highlight two scenarios. The only difference between them is the depth of the supposed false upward movement. The target is common and is at the level of 1.25000.
Thank you for like and share your views!
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