DislikedI think fundamentally USD is weak, not much data supporting it. Last month's major USD sell-off is just making a pullback in my opinion. Yet, that's still not very clear, we cannot be sure until Friday's jobs data. Until Friday, shorting USD looks tempting with 2.5:1 RR DXY h4 chart: {image}Ignored
BoE rate decision is near, one dove is out. Tenreyro, a dove, is out. A new and more hawkish member has replaced her.. Maybe this meeting is due for a slightly hawkish surprise. Even if it disappoints, i don't think GU will go lower than 1.2650.
Trade at your own risk, greenest pips to everyone!
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