The British construction industry PMI in April was 8.2, which was far below the previous forecast of 21.7. It has fallen further since 39.3 last March and is at a historical low level. Selling has accelerated in the pound market even before the announcement, but it is still cheaper after the announcement.
(Source: Minkabu)
Stop buying out all EURUSD.
The European currency is generally weakening.
Newly consider selling GBPUSD.
Currently, the power balance in 15 minutes is
JPY ＞ USD ＞ CAD ＞ AUD ＞ CHF ＞ NZD ＞ GBP = EUR
