Hi people Welcome To Team Decrypters
We Expecting RETRACEMENT From GOLD Soon ( 2.5% -3% Retracement )
We Expecting Bullish NASDAQ ( At least for short term )
We Expecting A RANGE ( LIQUIDITY GENERATION ) IN OIL and continue to distribute ( LIQUIDTY DISTRIBTUION) to the Above side , In Near Future we expect to OIL to break 80 -82 Level and hit for 88 -92...
GBP
FUNDAMENTAL BIAS: WEAK BEARISH
1. Monetary Policy
At their May meeting, the BoE delivered on expectations by raising the bank rate by 25bsp to 1.0%. There was an initial hawkish surprise as the vote split was 9-0 (no dissent from Cunliffe) and 3 of the 9 MPC members voted for a 50bsp move at the meeting. However, the hawkish reaction soon faded as it was...
