Further Downside on GBP/USD?
As per my last update we are still on route....
Did BOE do an ECB? Carney: "We will largely look through impact of recent Sterling appreciation"
Watch your long positions because there is potential for GBP to drop further after the BOE dampened bull mood.
I am still short from 6970 and will hold on - if we break and close above 6820 I will exit.
Just like the EURO there has been no buying interest after the inflation report (in 15pip range) which for me is a big no no - no buying for me.
May the pips be with you :)
Did BOE do an ECB? Carney: "We will largely look through impact of recent Sterling appreciation"
Watch your long positions because there is potential for GBP to drop further after the BOE dampened bull mood.
I am still short from 6970 and will hold on - if we break and close above 6820 I will exit.
Just like the EURO there has been no buying interest after the inflation report (in 15pip range) which for me is a big no no - no buying for me.
May the pips be with you :)
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