Market Analysis Before News Release time
Gbpusd
Lets see what will happen around US news time at 12.30 GMT.
Cable seems to move upward but I think it is too weak to continue and after some fluctuation and making long shadow candle it will reversed and go down to break or test the support at 1.9340 level.
The best region to sell is 1.9660-1.9720.
Gbpusd
Hi,
After news time the first target is 1.9590 and may be 1,9527. with some bouncing around the current price.
happy trading
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Hi
I opened this thread to write my analysis on majors before news release time specially before A class news.You can find some trade positions and set up your order before the news release time at your risk.And I explained the market moves and targets around that time.All analysis will be valid maximum 2 hours after the release time and may be changed before the news .So make up to date yourself always.
The move directions which declare in each text are estimated and are not the exact move of the market.
Regards
p.s. excuse me for my terrible English.