Wave Trader

GBPUSD

EURUSD

Which pair is catching up now?

☝️

So you are looking 4hr wave to appear.

Early bearish move on USD was because market was expecting that CPI will fall hence USD was falling on optimism but after CPI numbers market realised that 3.1% which is even in line with the forecast is still sticky inflation and USD started to rebound and affirm the FED higher for longer rates narrative. After these CPI numbers we will hear the same narrative from POWEEL tomorrow higher for longer which is good for USD.

If you caught the trade on lower time frame pullbacks ride it now

If pullbacks then watch 4hr top as shown in weekly market outlook.

Don’t not chase them now

Short term targets reached