Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
The Pound has just now taken another hit versus the dollar. The GBP/USD has fallen below the noted support at 1.2199 (21 day moving average) and in the process of doing that it seemed so trip a whole bunch of stops too. The move through 1.2199 accelerated rapidly as the US Michigan data hit the screens. The GBP/USD has traded to a low at 1.2190 so far as the USD/JPY rises above 151.50 and the EUR/USD backs off towards 1.0660 again. Earlier the EUR/USD managed to grind its way to a session high at 1.0693 . The GBP/USD is just now bouncing back above 1.22, further endorsing the prospect; that the move below 1.2199 was entirely stop loss driven in the first instance. However, it remains to be seen if it can reverse further and right now that is uncertain
The Pound performed pretty well yesterday and continued to press higher from an earlier session low at 1.3203, seen just as the European markets...
Yesterday afternoon the dollar hit session lows leading into the final 4pm London fix of the week and that saw the USD/JPY fall back to 141.90. One...
Pretty much all this week BTC has just not been at the races, indeed that was an observation made the week before and it was the same then too. So...
Start here. Join over 3M Libertex users around the world!