GBP/USD at an important level - Weekly & Monthly
GBP/USD 0.13% at an important level that was the last month's and week's high point. Currently, it looks bullish but it could be a fakeout, let's wait and see what's the next move on Thursday.
Also, keep an eye on US Dollar Index -0.15% @DXY.
Don't just follow this, you may see some other confluence as well, most of the technicals are saying that it's gonna down.
But after all of the technicals, don't ignore the fundamentals, that may change any moment.
Also, keep an eye on US Dollar Index -0.15% @DXY.
Don't just follow this, you may see some other confluence as well, most of the technicals are saying that it's gonna down.
But after all of the technicals, don't ignore the fundamentals, that may change any moment.
Comment:
Fundamentals threw the price again in previous month range. Although it was a nice buy on 20 sept.
