The DXY US Dollar Index in our view has limited downside and plenty of upside and we expect it to base out and move higher – we have US CPI inflation data coming up and also the Fed…
GBP/USD looks likely to correct lower in our view and as we noted in our previous article the rise is more to do with USD weakness than GBP strength. Our updated view of the fundamentals, sentiment and technicals below.
The SP500 mounted a major rally in which has now started to correct are we due more upside or will we continue to sell off to the downside? Our view of the fundamentals, sentiment, and technicals below…
Read more: SP500 SPX Analysis and Outlook Short Covering Rally Fading
The DXY had a big rise to the upside in 2022 which came to a halt in November with a big sell of to the downside which is in excess of 7% but now we expect the USD to firm up and move sharply to the upside.
Read more: DXY US Dollar Index Analysis – A Major Correction a Buy
GBP/USD has had a major rally to the upside which we expect to end with a major break lower logic of the trade and key technical levels of support and resistance to look out for below…
