GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21, GREATLAND GOLD PLC ORD 0.1P, SBERBANK OF RUSSIA ADR (EACH REPR 4 ORD SHS), UK OIL & GAS PLC ORD 0.01P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
After an initial breakout from a falling trend (further falling resistance on weekly view) we have seen consolidation and retrace but trading above the 200MA.
This support now looks solid and an upward channel building. The latest retrace to test the new support looks complete & we have a good entry point for the next upward swing which should be towards the 0.5p ...
Looking technically here, I'd look to add at a break of the VAH at 0.4p with an eventual exit at 0.62p. Initially I'd expect further buying slightly lower, however, which is why I would look to enter a larger position at a break of 0.4p.