In the political front, the rally in the GBP was mainly caused by the lead by the Conservative party in the prior week. Now the market is expecting the Labour Party to close the gap, combined with the US-China tension re-emerging and weak UK PMI data, we could see the pair to extend the weakness.
Weekly Market Analysis that covers EURUSD; GBPUSD & USDJPY are scheduled every Monday 8.15am(+8GMT) on every 15mins interval.
The Australian Unemployment Rates and Employment Changes came in poorer than expected, causing the AUD to drop
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CADCHF yet again showing us that a nice Harmonic Pattern setting up for me to jump into a trade. This pair has been very ‘obedient’ and behaving as it should be.
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