Potential GREAT trade - Follow up analysis

Bravo! It was a great trade that we entered on May 25, 2020, reached all the targets.
Here's the updated analysis, and this is a potential massive trade.

Catalyst: Fed Chair Powell Speaks, GBP PMI, US GDP, and Jobless claims

PS: This trade fails if it can break out and close below the support 1.243 - 1.241 zones. Please don't trade this analysis blindly.

Trade aktif:

Powell is speaking right now

Komentar:

Fed's Powell says economy's path ahead likely to be challenging - Source Reuters

Trade aktif

Trade aktif:

Reached target 1

Komentar:

GBP
Flash Manufacturing PMI 50.1
Flash Services PMI 47.0

Trade aktif:

Just in:

US Jobless claims 1480K
Final GDP -5.0%
Durable goods order 15.8%
Core Durable Goods Orders 4.4%

Komentar:

U.S. Federal Reserve Announces It Will Cap Dividend Payments And Bar Share Repurchases In the Third Quarter For 34 Largest Banks - Source LiveSquawk

Trade aktif:

Just in:

USD
Core PCE Price Index m/m 0.1%
Personal Spending m/m 8.2%

Trade aktif

Trade aktif:

Just in:

USD
Average Hourly Earnings m/m -1.2%
Non-Farm Employment Change 4800k
Jobless rate 11.1%
Jobless claims 1427k

Trade aktif:

Just in:

USD
Final Services PMI 47.9
ISM PMI 57.1