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Pairs in Focus – GBP/USD, EUR/USD, Silver, Gold, USD/JPY, USD/CAD, Bitcoin, Dax
The British pound has been very noisy during the trading week as we continue to see a lot of back-and-forth action. Ultimately, the market continues to see the 1.3550 level above as a major barrier, but I do think it is probably only a matter of time before we at least test that area. If we can break above there, then it's very likely that we will continue to see more upward momentum, perhaps breaking out towards the 1.37 level. Ultimately, I like this as a market that we can try to take advantage of short-term dips, mainly due to the fact that markets are more likely than not going to continue to see a bit of ... (full story)
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