05 tháng tư 2022, GBP/USD
GBPUSD trading plan:
Futures market data for the last week show that funds expanded their net short position in 10-year Treasuries to the largest since 2018, and only modestly increased the size of their net short position in the two-year space. The 10-year yield fell 5 basis points over the period while the two-year yield jumped around 15 bps. The curve inverted on March 29 for the first time since 2019 and by the end of last week the spread was negative eight basis points, the deepest inversion since 2007. Inversion of this part of the yield curve has preceded all six U.S. recessions since the mid-1970s. Many observers, including some Federal Reserve officials, argue that the curve's predictive powers are not as strong now because interest rates and yields are historically so low.
Investment idea: sell 1.3139 and take profit 1.3073.