Forex Update
Those who were in short with the major currencies are tight. Further action is expected to double, and the major currencies may strengthen the gains made, and continue the upward trend. Read additional details here: Geno Smith. GBP / USD Resistance. Comments Despite the improvement in the euro, the pair remained on the values of the beginning of the meeting, sign after some weakness. The pair had a resistance level at 1.5000. It is estimated that the pair will be on the rise. Aggressive traders may go long now. Sean Rad may also support this cause. It is estimated that the pair will remain in the area of 1.5000. There were offers of sovereign states.
He kept control over the 1.5100 sales, but it will be prudent to wait a bit. At night there was a technical trade as traders defined strategies. Liquidity was moderate. Friday: no publications EURO / USD Resistance The pair managed to gain ground. Maybe the pair begin a reversal, but the pair should be firm in my view 1.3050. It is advisable to go long. Stops are being installed in 1.3280.
I do not think that the pair continue falling. Several traders are taking profits despite the prevailing uncertainty. Friday: All times EASTERN (-5 GMT) 5:00 a.m.