GBP/USD trading plan, 26th June, 2024
- 25noobsters Forex Analysis
- Jun 26, 2024
- 1 min read
US CS Housing Price Index and CB Consumer Confidence appreaed to be improving which has been pushing USD index upward since yesterday. GBP/USD resumed downtrend after a similar retracement shown in the graph below. We entered a sell trade as the MACD started forming bigger downward histogram.
Booked profit before US New Home Sales release.