Thanks ablchr,
indeed relevant does not say that leads to GBP longs. I can only say that for the EUR/USD pair which goes opposite side. GBP is only 11% of the Dollar index. But I would say that if GBP/USD shows a potential long then the Dollar Index can help. Need to give a closer look to the GBP/USD though.
Cheers
G.
indeed relevant does not say that leads to GBP longs. I can only say that for the EUR/USD pair which goes opposite side. GBP is only 11% of the Dollar index. But I would say that if GBP/USD shows a potential long then the Dollar Index can help. Need to give a closer look to the GBP/USD though.
Cheers
G.
DislikedI agree the dollar "may" have topped for now but I'm just not sure about the GBP. Still think it could go either way. Although the good GBP data may help it rise now. Should be intersesting either way. Nice anaylisis BTW.Ignored
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