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Hello everybody hope you are fine. December! another year fly away, and market evolution continues; trading is turning more and more sophisticated day by day, tools and services also, and if you want to stay, better move as quick as it. We are starting quite a week today, with rates decisions in Europe, England, Australia and New Zeland, where all central banks are widely expected to reduce them. The low volume will be more clear from today on and till January, yet the trend remains there. Dollar and Japanese yen remain for far the most strong currencies, and GBP the weaker. We have already had bad news in Europe and England, and that’s pulling both majors down, yet we also have some interesting bad readings expected for the U.S., maybe in the American session we could see some corrections. To check today’s calendar, you can follow next link:
http://www.fxstreet.com/fundamental/economic-calendar/
I’ will be back right away with today’s technicals Have a great day!
Dear Valeria,
After a long vacation I am back. I request you to kindly let me know ur take on GBP (short term as well as medium term).
Do you expect in the coming days GBP to move above 1.60?
I am looking forward to read your tecnical view on GBP
regards
Krishna
Hi Krishna! good you enjoy a good vacation i definitive need one! I will add longer term anaysis yes, as always try when i see it.
Regards
Val