Gold could be signaling a hawkish Fed next week.
If Gold puts in a weekly reversal, it could mean a bullish week for the DXY next week.
Bearish on equities if this happens.
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity GBPUSD .
I still did my best and this is the most likely count for me at the moment.
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We try to start the week by reviewing the dollar to get a direction where most major currencies will go.
As can be seen in the graph above we are still in the pattern with support and resistance and the price of the dollar is relatively close to resistance which leads us to the decision to stay with a sell signal as we were last week.
The target is 95.90
This...
