My trading journey with FXOpen

[radex78]

GBPUSD is now correcting below the upper band line. Bullish sentiment may continue amid hopes that the Fed will cut rates in May due to loose inflation data. Today we are waiting for US PPI data, which can strengthen previous inflation data on the Fed's policy.

 

[radex78]

GBPUSD failed to extend gains, yesterday the price drew a small doji candle reflecting low volatility. PPI data released yesterday supported the USD.

 

[radex78]

On Monday, some traders may choose not to trade because of an unclear trend. GBPUSD gapped on Monday, and the price has recovered the gap. Waiting for US retail sales data release.

 

[radex78]

GBPUSD yesterday drew a bullish candle, now the price is correcting near the middle band in the hourly timeframe. Still hesitant to enter the market waiting for the price near the lower band.

 

[radex78]

GBPUSD is up grabbing profit target. In the M15 timeframe Bollinger band squeeze waiting for breakout, pending order near the previous low waiting for the Fed interest rate.

 

[radex78]

GBPUSD is up and hit the target, now near the upper band line trying pending orders ahead of BoE interest rate.

 

[radex78]

GBPUSD pending order is active waiting for the next market today to hit stop loss or rise to reach target.

 

[radex78]

USD strengthened last week, if it continues to strengthen USDJPY is expected to rise today.

 

[radex78]

Japanese Yen weakened against the USD for several consecutive days, in the M15 timeframe price broke the upper band and try to bet here.

 

[radex78]

Waiting for UK CPI data, GBPUSD near middle band line on hourly timeframe, trying to open buy from M15.