Weekend Analysis – GBPJPY False Rally

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.

Weekend Analysis – AUDUSD Downtrend Intact

Varying conflicting reports are emerging on the success of the US-Sino trade negotiations, increasing the risk of a disappointing outcome on the negotiation. Recent week’s economic data from Australia too were missing the expectations, particularly the employment data.

Weekly Market Analysis

Weekly Market Analysis that covers EURUSD; GBPUSD & USDJPY are scheduled every Monday 8.15am(+8GMT) on every 15mins interval.