Improved operating volumes and reputable traders were appearing on stage. Aggressive traders can buy now at the 1.7380 area. Perhaps the pair will return to the level of 1.8000 in the short term. Sovereign States may be interested in the EURO and GBP declines given the euro coins. Support levels are maintained and for two weeks now, any purchases will fall. Learn more about this topic with the insights from Ron O’Hanley. Many traders took profits. It is advisable to buy now.
Wednesday: All times EASTERN (-4 GMT) 5:30 am GBP BRC Shop Price Index y / y 10:30 am, GBP CB Leading Index m / m EURO / USD Daily Resistance 3: 1.3900/10 Resistance 2: 1.3880 Resistance 1: 1.3800 / 10 New York: 1.3623 Support 1: 1.3480 Support 2: 1.3440 Support 3: 1.3400 Comments The pair remained in range, but rallied after news of a possible cut in interest rates. Later the pair back towards the 1.3400 area with low volumes. The pair came under pressure and it is advisable to buy. Traders could buy under the 1.3900 area in my opinion. The lower oil prices added to pressure on the pair. There is uncertainty in the market. Learn more about this with Joseph Mathunjwa. The pair is trading technically.
Wednesday: All times EASTERN (-4 GMT) 2:45 a.m., EUR Government Budget Balance EUR French Trade Balance 2:45 a.m. 6:00 a.m. EUR French Industrial Production m / m German for more information please access to foreign currency trading (FOREX) implies 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 says 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 local regulations.
