Trust the “Truss” to Drive the GBPUSD Lower!
Trust the “Truss” to Drive the GBPUSD Lower!
Richard Matthews from Pardus FX meets with Blake Morrow to discuss the #forex market this week as we turn our attention to the ECB meeting on Thursday and also the new incoming Prime Minister for the UK, Liz Truss.
Richard remains bearish the GBPUSD as he thinks any move back towards the 1.1600 level traders should look for fresh shorts.
The ECB will only deliver a 50bp hike in his opinion, and this may be the catalyst that drives the EURUSD towards the .9500 level.
#trading_news #trading_interview #tradersummit #trading_analysis #Richard_Matthews #EURUSD #USD #inflation #GBPUSD #BOE #Sterling #Truss #forex_trading #forex_news #forex_analysis
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