TradingView
TipTVFinance
Aug 3, 2016 11:57 AM

Gold/GBP and GBP/USD chart confirms rate cut is priced-in 

FX_IDC:XAUGBP240
GOLD / BRITISH POUNDICE

Description

⋅
The fact that we have GBP bullish formations on the Gold/GBP and GBP/USD pair a day ahead of the possible rate cut move clearly indicates an interest rate cut has been priced-in by the markets.

Gold/GBP - Head and Shoulder formation

GBP/USD - Inverse Head and Shoulder formation
xaugbpGBPUSDGoldGBPCurrenciesForextradingCommodities
More