With the closing earlier today, it seems, the other major currencies continue falling. The volatility was extreme today, and given that the American markets will be closed on Monday, will be a weekly start without major changes. If you advise closing open positions now, and wait for the announcement of the G-7. Improving the U.S. currency in my opinion has no foundation, only the panic is behind it. Enjoy the holiday weekend. GBP / USD Daily Resistance 3: 1.7500 Resistance 2: 1.7450 Resistance 1: 1.7380/90 New York: 1.7065 Support 1: 1.6850 Support 2: 1.6780 Support 3:? The pair recorded new lows in the 1.6800 area. The stops are placed below the 1.7000 and operating volumes were low, so that exaggerated the move.
The pair closed solidly in the 1.7300 area, which will help those who were long. Aggressive traders can buy over the next 24 hours. Volumes fell after the opening of the session. It is estimated that the pair will return to the area of 1.8000 in the short term. Many traders took profits. Visit NY museums for more clarity on the issue. For Monday: All times EASTERN (-4 GMT) 4:30 a.m. GBP PPI Input m / m 4:30 a.m.
GBP PPI Output m / m 7:01 am GBP BRC Retail Sales Monitor y / y EURO / USD Daily Resistance 3: 1.3700/10 Resistance 2: 1.3650 Resistance 1: 1.3580 New York: 1.3417 Support 1: 1.3250/60 Support 2: 1.3180 Support 3: 1.3100 Comments The JPY remains the safe haven. The pair remained firm after the news. The pair came under pressure and it is advisable to buy. Operators could go long, towards the 1.3700 area in my opinion. There is uncertainty in the market. Later the pair back towards 1.3400. Advisable to buy now. It is advisable to buy about 1.3900. The low oil pressure also added. For Monday: No publications for more information please access to foreign currency trading (FOREX) involves the existence of losses due to the risk inherent in any transaction. It is likely that FOREX trading is not suitable for all investors. You should determine whether trading is suitable in your case and should take into account your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. The opinions, financial information or on markets, and recommendations are subject to change at any time. The information contained in This bulletin does not constitute or states that you should buy or sell through FOREX Core Financial Group Inc., and / or its affiliates, and should not be available to individuals in a jurisdiction where the making available of the above would be contrary to law local.