Eurusd/gbpusd - page 2217

New comment
 
More and more talk that FED will hike rates next week. I am expecting another whipsaw
 
If that is the case then the tight range will likely continue until then.
 
victoriajensen:
If that is the case then the tight range will likely continue until then.
Yes, no change till then
 
The range is getting tighter and tighter and when FED does announce the interest rate we will see major volatility.
 
victoriajensen:
The range is getting tighter and tighter and when FED does announce the interest rate we will see major volatility.
Yes. And major whipsaw :)
 
The pair is back to testing the support 1.1210 - 1.1200 and the CPI data could give it the push to break below it, but we'll likely have to wait for the FED news next week for any major changes.
 
Risk remains on the downside, break down 1.1147 level could lead to further decline towards my next target 1.1040.
 
Pound continues to suffer while dollar is strong due to better US CPI data, Gbp/Usd broke below the psychological level at 1.3000, further decline might be expected.
 
I am waiting on FOMC : no decision without them any more
 
whisperer:
I am waiting on FOMC : no decision without them any more
Agree, the pair lack of clear strength towards the downside for now, important support level can be found at 1.1120 zone.
1...221022112212221322142215221622172218221922202221222222232224...2299
New comment