GBP/USD: plan for the European session on January 7. Bulls will push the pound to the resistance of 1.3215, but subject to maintaining the level of 1.3150

GBP/USD: plan for the European session on January 7. Bulls will push the pound to the resistance of 1.3215, but subject to maintaining the level of 1.3150

To open long positions on GBP/USD you need: Pound buyers used good data on the service sector yesterday and immediately picked up two levels 1.3108 and 1.3154. At the moment, while trading is above resistance at 1.3154, demand for the pound will continue. The formation of a false breakout in this range in the first […]

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Technical analysis: Important intraday Level for USD/JPY, January 07,2020

Technical analysis: Important intraday Level for USD/JPY, January 07,2020

The 10-y Bond Auction and Monetary Base y/y reports from Japan are on tap. The US will unveil such economic data as Factory Orders m/m, ISM Non-Manufacturing PMI, and Trade Balance. So, there is a probability that the USD/JPY pair will move with low to medium volatility during this day.TODAY’S TECHNICAL LEVEL: Resistance. 3:109.02. Resistance. […]

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