Selling #GBPUSD at the top of the 1.10 to 1.16 range!
Richard Matthews from Pardus FX meets with Blake Morrow to discuss the #forex market this week as we have the #FOMC #BOE decision and the Non-Farm Payrolls report on Friday.
The GBPUSD he believes in a 1.1000 – 1.1600 range and selling near the top of the current range makes sense ahead of the FOMC and BOC decisions.
He also thinks that the FOMC will be hawkish, but there is a risk that Powell may start to be concerned about “breaking the system.” Richard also points out that the #GBPUSD is starting to react to weather reports as we head into the winter months.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Richard_Matthews #UK #GBPUSD
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