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Minimal gap : 1.3591 current rate (Bloomberg)
Those 10 pips are how much Draghi is trusted now : he talked about QE again and was telling that they have "QE in their toolkit". He does his favorite - trying to talk down the Euro, but now nobody cares what he talks
It looks too perfect to be true
Then it probably is.
Probably closing that mini gap and then back to usual Asian session - 10-15 pips range (if)
Again will have to wait for London open
Looks like we are back in 1.36 ranging again
If it will be the same as before 1.358 to 1.362 range will be what we can expect
Back to the usual. Ranging, ranging, ranging ...
Greetings
At the moment Gbp/Usd - is back to its trend up.
As Long as protective MF pivot 1.6920 is not broken - trend up is proceeding
Best regards,
NicoleFX
All is within expected values and expected daily ranges. Trend is still a bullish trend and without some big news, it looks like it will remain so
They are getting ready to break 1.36
They are getting ready to break 1.36
Be careful : US data coming and that looked like a 4 hour bar range filling
Be careful : US data coming and that looked like a 4 hour bar range filling
Seems like you are right