Watch for the momentum change: Gold and GBPUSD

syamfx2020

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GOLD and GBPUSD hold the previous session gains. While today both the pairs expected to face resistance around 1905/10 and 1.4200/20.

Gold- On the downside, any meaningful pullback now seems to find short term support today near 1886 and 1878.
gold neww.PNG

GBP/USD- On the downside, any meaningful pullback now seems to find short term support today near 1.4140 and 1.4120.
euraud.PNG

The key events to watch:

UK GDP and BOE Governor Bailey speech

US consumer sentiment
 
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