Secondly do you still see seasonal reversals for cable in line with your article 'Beware of Seasonal Forex Reversals' on 19 Nov...it seems to be trending the other way? All the reading in the past indicated a big uptrend to 1.60.. now with the rate cut where to you see the bounce back upto. Do you still think cable will bounce back before trending down to multidecade support at 1.37?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(9 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(9 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(9 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (9 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (9 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (9 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(9 months ago)
Gold, Bitcoin, USD Combo
I mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
View Hot-Chart..
Firstly welcome to UK!
Secondly do you still see seasonal reversals for cable in line with your article 'Beware of Seasonal Forex Reversals' on 19 Nov...it seems to be trending the other way? All the reading in the past indicated a big uptrend to 1.60.. now with the rate cut where to you see the bounce back upto. Do you still think cable will bounce back before trending down to multidecade support at 1.37?
Thanks and best wished
MAK