GBP has been recovering from short-term drop due to election loom, given the fact that it didnt break the support trend line clearly. *1.29285* would be a good long entry and TP at 1.304. Trade Safe
Technical: On the 4 hour A FX:GBPUSD chart, a widespread bearish candled formed. This was followed by a second, much wider spread candle, both of which were validated by increasing volume. Fundamental: Initial jobless claims were released in the US at 10:30UTC+10 with a result of 236K down from 238K in April and better than forecasted 245K. All in all a...
Down wave until mid August 2016 Cheers, Keops
Bring your suncream, this summer may be nice and hot for gold ! Cheers, Keops