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AceTraderFx July 15: Intra-Day News and Views– GBP/USD
Intra-Day Market Moving News and Views
Update Time: 15 July 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1830
Although cable's intra-day rally from Thursday's fresh 2-year trough of 1.1761 in New York to 1.1842 following less hawkish comments by Fed's Waller (see MMN) suggests temporary low is made, as 1.1851 in Asia has capped recovery, bearishness is retained.
Sell again on pullback, below 1.1800 would head back towards 1.1761.
Only above 1.1883 risks 1.1910/14.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Intra-Day Market Moving News and Views
Update Time: 15 July 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1830
Although cable's intra-day rally from Thursday's fresh 2-year trough of 1.1761 in New York to 1.1842 following less hawkish comments by Fed's Waller (see MMN) suggests temporary low is made, as 1.1851 in Asia has capped recovery, bearishness is retained.
Sell again on pullback, below 1.1800 would head back towards 1.1761.
Only above 1.1883 risks 1.1910/14.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update