it's a Monday, first day of the week, not much happening, market services coming out soon by 10:30 so looking forward to a risk on moment today. technically market is in a 4 hr zone buys on the pinbar look good
with prevalent bearish momentum of GBP, poor retail news on GBP, UK bonds, and equities in the negative indicating a risk-off environment, my bias is a sell dor GBP. I'm looking for a retracement up to 154.500 for sells to 154.000 stop loss at 154.650
yesterday Gold broke previous daily highs to test 1846, due to the prevalent inflation rate, giving fuel to gold buys. till the fed hike interest rate gold buys remain predominant. The bond yield market is currently retracing from an all-time high which is inversely correlated with Gold. technically, gold has broken below the support created on the 15, I expect a...