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AceTraderFx Sept 09: Intra-Day News and Views– GBP/USD
Intra-Day Market Moving News and Views
Update Time: 09 Sept 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1588
As cable has risen in tandem with euro in Asia after strong retreat from 1.1562 ahead of New York open Thursday to 1.1461 in New York morning, present break of 1.1562 suggests corrective rise from Wed's 37-year trough at 1.1406 would head towards 1.1622, reckon 1.1653 would hold.
Buy again on pullback for 1.1615 and only below 1.1541/45 signals top is made, risks 1.1500 later.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update
Intra-Day Market Moving News and Views
Update Time: 09 Sept 2022 05:30GMT
INTRA-DAY GBP/USD - 1.1588
As cable has risen in tandem with euro in Asia after strong retreat from 1.1562 ahead of New York open Thursday to 1.1461 in New York morning, present break of 1.1562 suggests corrective rise from Wed's 37-year trough at 1.1406 would head towards 1.1622, reckon 1.1653 would hold.
Buy again on pullback for 1.1615 and only below 1.1541/45 signals top is made, risks 1.1500 later.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in Forex market since 1984, with proven analytical approach used by professionals and real-time update