GBPUSD Weekly Analysis – June 19, 2016
GBPUSD’s downward movement from 1.4769 extended to as low as 1.4012.
GBPUSD’s downward movement from 1.4769 extended to as low as 1.4012.
AUDUSD remains in downtrend from 0.7834, the price action from 0.7144 could be treated as consolidation of the downtrend.
EURUSD is testing the support of the price channel on daily chart.
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0517.
No changed in our view, AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 could be treated as correction of the downtrend.
The GBPUSD pair fell during the day on Thursday, as we broke down below the 1.45 handle.
The EURUSD pair broke down during the day on Thursday, forming an outside bearish candle.
Today’s headlines that have caught the attention of our traders this morning as they prepare for the upcoming market session.
The AUDUSD pair fell during the course of the session on Thursday, testing the 0.74 level.
Final Trades from last night’s Fast Money on CNBC.