Good morning, I hope you are great. We're at the support level now, and the bulls might be trying now. 5M, and 1H charts;
When the dovishness is priced in, market will look for the slightest hawkishness to trap the investors/traders. Not saying that will necessarily to be the case but it's better to ...
everything is right...i go into the forest to my birds;-)
order flow suggests dxy is in head fake mode currently - should activate after this 4h candle competes (for me in 2hours).
Lots of negativity already priced into the Pound. Market already expects dovish BoE, so unless they exceed expectations by confirming the rate cut next meeting or more than 2 ...