GBPUSD reversed from support zone Likely to rise to resistance level 1.3200 GBPUSD currency pair recently reversed up from the support zone located between the pivotal support level 1.3030 (former monthly high from July), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from August. The upward reversal from this support […]
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Today, some traders may still be away due to Columbus Day in the US, though the stock market is open while the bond market is closed. But this could still lead to thinner liquidity. The Read more…
Markets The US yield curve finished last week with a little steepening. Net daily changes varied between -0.2 bps (2-yr) to +5.2 bps (30-yr), underpinned by second-tier data including decelerating and slightly below-consensus September PPIs. Read more…
Daily Pivots: (S1) 194.07; (P) 194.66; (R1) 195.47; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 Read more…