GBP under tension because of the Brexit (that's it) Cyclically strong. Historical GBPUSD average at 1.6000 www.rbnz.govt.nz
My opinion stays the same, I think we can get lower on USDTRY as the old 2.96 support become the new resistance. To get the 2.82 target, a huge bearish breakout should be done on the 2.91.
Technical buy if we cross 1896.00 Monday Daytrade for Monday 08 February 2016 Target 1902/1910
The chart I posted 2 weeks ago, give new clue ! 2.82 soon ! 2.75 possible in extention
Long term call: BUY Short term call: BUY Expiration of shorting the pair, market are still anticipate the eventually Brexit + the QE. Mid term call: Neutral
NZD in good support. GBP QE/BREXIT possible Technically 1.1513 good support, be careful on the bearish breakout.
Political and economic stability under tension. The currency is devalued sharply. Dollar is strong.
If it goes wrong with the Chinese economy, all markets will collapse.