Jump to content

Market News

  • entries
    1,063
  • comments
    265
  • views
    151,212

Contributors to this blog

About this blog

Entries in this blog

GBP/USD Bounce Rejected at Key Fibonacci Level as USD Sellers Struggle For Momentum

TALKING POINTS: GBP/USD faces strong resistance just below 1.36 With a light economic calendar this week, focus will be on NF data out on Friday. GBP/USD is struggling to break above a key Fibonacci level despite continued support from buyers. The pair has managed to stage a good comeback since last Thursday as the US Dollar has come off slightly from its impressive rally last week but there isn’t a clear path higher as resistance looms close by. The area between the

MongiIG

MongiIG in Market News

×
×
  • Create New...