GBP/USD Cable Analysis (Wk 31/2018)

This will be my views of GBP/USD for Wk 31/2018
Please make sure to read the "update" comment as there will be changes along the way.


Cheers.

S0nic

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Comment:

View On XAU/USD Gold (30 July 2018)

I am Slight Bearish.
It is using 1.324 as a very strong resistant.
Please be careful if you want to long. The good support region will be 1.3 level. Once it is broken, we can have a bear momentum to come in.


This week will be big for GU as we have FOMC, GBP rate.

Comment:

View On GBP/USD (2 Aug 2018)

Nice touch at the expected level and get bounced from it.
Do not long aggresive as the daily candle is still pretty much RED.

Now, let's see 1.302 level can hold?