The GBPUSD is trading to a new session high and in the process is looking to break above a swing era between 1.21425 and 1.2147. Those swing highs correspond with highs from highs from February 21 and again on February 28. The high price is currently trading at 1.2153.
The two year yield is down -55 basis points to 4.036%. The low yield for the day reach 3.999% before bouncing modestly to the upside. The 10 year note is now down 25 basis points at 3.445%.
GBPUSD h1 price is in an uptrend. However, in the short term, it is possible that this pair will have a correction before continuing to go up. Recommended to wait to buy when the price returns to 1.2100, SL: 1.2040, TP: 1.2200
The two year yield is down -55 basis points to 4.036%. The low yield for the day reach 3.999% before bouncing modestly to the upside. The 10 year note is now down 25 basis points at 3.445%.
GBPUSD h1 price is in an uptrend. However, in the short term, it is possible that this pair will have a correction before continuing to go up. Recommended to wait to buy when the price returns to 1.2100, SL: 1.2040, TP: 1.2200
