GBPUSD has been under pressure for the past 2 days, however the trend is bullish is bullish. It is about to encounter a major support at 1.2436, will it reject it and go higher ? More in the video...
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1.2436 should be reached at the open... I have a buy limit at this level.
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Markets open soon
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Markets open in 1h.
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TP1 HIT and still holding
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The New York Fed Manufacturing Index for May was released today at 1:30 p.m. BST. The release was closely watched as this index surprised with a big jump last month and clearly stood out among other regional indices. The market expects the report to show -2.5 after 10.8 reported for April. However, the actual data showed a massive drop to -31.8!
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TP2 HIT
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