GBPJPY H1GBPJPY H1 - Bit of a consolidation break seen amongst GBP pairs this morning, yesterdays selloff influenced by the UK third national lockdown confirmation (selloff was seen ahead of the announcement), consolidation seen over the eastern, and bearish resumption seen as we catch EUR/LON volume during their opening hours. Currently on support here on GJ. Lower timeframe analysis here, look at maybe a retest of consolidation before breaking support.
Cv19
DXB - setting up nicely - BullishKey Technicals - flag/ascending triangle, entry on breakout.
Key Fundamentals - the Australian Government’s Medical Research Future Fund (MRFF) through the
Biomedical Translation Bridge (BTB) program is supporting development and clinical evaluation of
DMX-200 as a new treatment for respiratory complications as a result of COVID-19 in global clinical
study with a potential fast track pathway to clinical practice.