More like the peak in the index is behind. At moment, sideway ranging situation below previous support an act of distribution. Despite gains in other global indices (for example, new high DJ30), KLCI still in the red year-to-date.
EURGBP has been trading along this trendline for a long time.
Pending UK data few hours later. My action is to observe to see if price breaks below or get supported.
From prior momentum, my bias is more towards supported
#AUD strengthening with improving china data, while #cad is weakening due to Doha talk failure.
Best pairing at this moment will be to long.
I am waiting for price to have a close above 0.9950 for target 1.0020 and 1.0150.