
GBP/AUD broke support zone Next sell target - 1…
GBP/AUD broke support zone Next sell target - 1…
It’s a forecast for July 19.
On Wednesday, the British pound headed south to the lowest value for 10 months versus the broadly stronger greenback because suddenly dismal British inflation data decreased chances for an August rate lift by Britain’s key financial institution…
In June, inflation in Great Britain tacked on at a slower than anticipated tempo, thus contributing to the major bank’s dilemma as it considers whether to have interest rates lifted next month or not…
It's likely that bears are going to test the next support at 1.2994 - 1.2977 in the coming hours...
The US dollar index managed to break the psychological level at $95.
On the daily chart of GBP/USD, bears try to break June lows.
Early on Tuesday, the US dollar index was weak
The US dollar index has been trading below the psychological level of $94.50.
The market is likely going to test the closest support at 1.3202 -1.3189 shortly. This area could be a starting point for...
We should keep an eye on the closest support at 1.3189 - 1.3170 as a starting point for another bullish rally...
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