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AceTraderFx Oct 12: Intra-Day News and Views– GBP/USD
Intra-Day Market Moving News and Views
Update Time: 12 Oct 2022 05:30GMT
INTRA-DAY GBP/USD OUTLOOK - 1.1021
Cable's intra-day jump fm Asian 12-day trough at 1.0925 to as high as 1.1060 on BoE's news (see MMN) suggests decline fm Oct's 2-week high at 1.1495 has made a temp. low n choppy swings are in store ahead of European open, only abv 1.1060 yields 1.1110/13.
A firm break below 1.0980/90 signals recovery possibly over n heads back to 1.0954, then 1.0925.
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: 12 Oct 2022 05:30GMT
INTRA-DAY GBP/USD OUTLOOK - 1.1021
Cable's intra-day jump fm Asian 12-day trough at 1.0925 to as high as 1.1060 on BoE's news (see MMN) suggests decline fm Oct's 2-week high at 1.1495 has made a temp. low n choppy swings are in store ahead of European open, only abv 1.1060 yields 1.1110/13.
A firm break below 1.0980/90 signals recovery possibly over n heads back to 1.0954, then 1.0925.
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