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GBP/USD four-hour chart, soure:FXDD.com |
It is usually told that the trading is not the prediction but the response. Traders don't need to analyse and predict the market, tell someone.
These words are evaluated now, because the global economy put traders into the filed of more difficult level.
One of the major currency pair, GBP/USD is tested its trend due to Brexit on March 29. Members of Parliament rejected Brexit draft on Tuesday. Most of economists, analysts and traders expected the meaningful vote would be failed and the result of the vote didn't affected to the market strongly.
But it is hard to analyse and predict the trend of GBP/USD. It makes traders to respond to the market not to expect.
Despite the failure of the meaningful vote, the pound was not shaken nor turned to downward trend. Rather, it is the figure that keeps rising for dollar little by little.
We need to watch the chart more carefully.
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Gjallarhorn, Heimdallr, pound, GBP, GBP/USD, 걀라호른, 헤임달, 파운드
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