With the Geo-political data coming to a end out of the E.U. we saw Sterling today hit a low of,
1.6065 which was 26 pips below the third technical support level at, 8:30 a.m. EST. From this point
Sterling finish today's session with power hitting, 1.6149 at, 7:33 p.m. EST. fundamentally China's data may have gave Sterling the extra bull near the end of the session.
Furthermore fundamentally we have a more favorable environment too finish the week bullish for
Sterling starting with two, statue-HIGH releases coming out for the Aussie actually this release will
come out just before this blog is published, being it's about 10 minutes from the time I'm writing it now.
The Euro has one status-HIGH release coming out at, 4:00 a.m. EST.
Finally!!!! Sterling has a huge amount of fundamental data:
three status-MEDIUM releases at, 4:30 a.m. EST.
four status-LOW releases at, 4:30 a.m. EST.
two status-HIGH releases at, 7:00 a.m. EST. B.O.E. RATE DECISION!!!!!!!Hawk
If the tone is Hawkish look for a major bull from Sterling after the rate decision data is release...
A rate increase would bull Sterling greatly!!!
Daily technical's for Sterling:
Support for a bullish Sterling is, 1.6118 (currently at 1.6138)(9:32 p.m. EST) if Sterling continues
it bullish trend the next level to break technically is, 1.6152 after that the next level to break is, 1.6174
and a strong Sterling hits, 1.6206 and higher during today's session!!!
If Sterling doesn't find bullish support at, 1.6118 the next level too look for support is at, 1.6084 if this level
of support is broken bearishly the next level is, 1.6062 and finally if a bearish trend continues the last
technical level to look for support is, 1.6030.
Just a footnote: the Aussie release was, bullish...
Trade with the trade!!!!
Thank you for your time and have a great day!
www.createspace.com/3597011
www.speedtrader24.com
Email: idominatefx@gmail.com
Catch up on, Facebook....
1.6065 which was 26 pips below the third technical support level at, 8:30 a.m. EST. From this point
Sterling finish today's session with power hitting, 1.6149 at, 7:33 p.m. EST. fundamentally China's data may have gave Sterling the extra bull near the end of the session.
Furthermore fundamentally we have a more favorable environment too finish the week bullish for
Sterling starting with two, statue-HIGH releases coming out for the Aussie actually this release will
come out just before this blog is published, being it's about 10 minutes from the time I'm writing it now.
The Euro has one status-HIGH release coming out at, 4:00 a.m. EST.
Finally!!!! Sterling has a huge amount of fundamental data:
three status-MEDIUM releases at, 4:30 a.m. EST.
four status-LOW releases at, 4:30 a.m. EST.
two status-HIGH releases at, 7:00 a.m. EST. B.O.E. RATE DECISION!!!!!!!Hawk
If the tone is Hawkish look for a major bull from Sterling after the rate decision data is release...
A rate increase would bull Sterling greatly!!!
Daily technical's for Sterling:
Support for a bullish Sterling is, 1.6118 (currently at 1.6138)(9:32 p.m. EST) if Sterling continues
it bullish trend the next level to break technically is, 1.6152 after that the next level to break is, 1.6174
and a strong Sterling hits, 1.6206 and higher during today's session!!!
If Sterling doesn't find bullish support at, 1.6118 the next level too look for support is at, 1.6084 if this level
of support is broken bearishly the next level is, 1.6062 and finally if a bearish trend continues the last
technical level to look for support is, 1.6030.
Just a footnote: the Aussie release was, bullish...
Trade with the trade!!!!
Thank you for your time and have a great day!
www.createspace.com/3597011
www.speedtrader24.com
Email: idominatefx@gmail.com
Catch up on, Facebook....
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