Archived IMT (2009.04.24)
Sterling the worst performer ahead of USD on worse than expected Q1 GDO and concerns of a possible downgrade of the UKs credit rating. Cable targets at 1.4580, followed by 1.4530 in event of pullback in US trade. Note how Japanese stocks closed lower despite positive US Thurs session (due to after hour earnings). This will likely push US indices lower, thus, weighing further on GBP, to the benefit of JPY. Also consider accumulating EURAUD for 1.8850 target from current 1.8457. Support stands at 1.8230.
What’s a Brexit Deal Worth?
by Adam Button | Oct 16, 2019 19:10
Do not Look at this, if Short GBP
by Ashraf Laidi | Oct 16, 2019 15:19
Earnings & Deal Talks Take Over
by Adam Button | Oct 15, 2019 12:12
ندوة أشرف العايدي مع أوربكس مساء الثلاثاء
by Ashraf Laidi | Oct 14, 2019 11:42
GBP Analog, Fractal Realized
by Ashraf Laidi | Oct 11, 2019 17:44