UK Claimant Count Today

 Posted by at 2:43 PM  FX Market
Jun 162020
 

UK Claimant Count Today released at 2PM (GMT+8) with more claims (528) than expected (405). As of press time 2:39PM, market has just started to digest the news. Moves among along Sterling pairs are not unified. GBP is strong against risky currencies AUD, CAD and NZD. On the other hand, weak against safe haven currencies USD and JPY.

Since market has been risk since last night. It’s better to go short GBPAUD, GBPNZD, GBPCAD or long GBPUSD, GBPJPY.

UPDATE:

GBPUSD: Entry 1.2605, Stop -30pips, TP +30pips



GBPUSD Long by traderh on TradingView.com

OPTIONAL TRADE:

GBPJPY Long: Entry 135.4, Stop -45pips, TP +55pips



GBPJPY Long by traderh on TradingView.com

Trader H

TraderH is a foreign currencies trader and a former Certified Securities Representative in the Philippine equities market. All posts herein are personal views and are not endorsed by any organization whatsoever. It is important that you practice due diligence in your trade plans. This website and its authors will not be held responsible nor liable to any of the reader's losses.

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