Frankbrit... it's bad can't post a longer term chart.... the way i see... after weeks of consolidation... GBP has resumed uptrend... support intact and broke above weekly resistance... many are calling for lower GBP but as long as 1.5295 holds.. the next big move will be upwards... i see it moving to 1.6200/6300 level... in coming months... time will tell... good luck
could test marginally higher b4 correction... break below 2954 confirms correction down to 2800 level.. but 2800 level would provide good support to test higher to 3150 level... b4 down
expecting more consolidation... would be good buy for now at 5370 for 5500/5510... then maybe lower to test 5260 area... break above 5600 level would signal bottom in place and resumption of uptrend...
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 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(10 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(10 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 (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 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(10 months ago)
then maybe lower to test 5260 area...
break above 5600 level would signal bottom in place and resumption of uptrend...