GBP/USD Fundamental and Technical Analysis
Fundamental Analysis
GBP Gov Bailey is being hawkish in fighting inflation and expect more tightening
In the other hand, USD is being dovish due to recent bank crisis
Technical Analysis by using fib retracement
the chart shows GBP/USD i already at the 0.5%
My target is the price to continue hike to the 0.618 level.
Confirmation
If 28/3 around UK trading session showing sign of strong GBP I will start to buy GBP/USD
GBP Gov Bailey is being hawkish in fighting inflation and expect more tightening
In the other hand, USD is being dovish due to recent bank crisis
Technical Analysis by using fib retracement
the chart shows GBP/USD i already at the 0.5%
My target is the price to continue hike to the 0.618 level.
Confirmation
If 28/3 around UK trading session showing sign of strong GBP I will start to buy GBP/USD
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