DXY might give in for a little correction towards 96 today
Updated
DXY might give in for a little correction towards 96 today to reconfirm its main uptrend line from pre-brexit lows,
then try to reconquer the post-brexit highs and might post a new high around 97, given that US fundamentals play their part today (Markit Services), tomorrow (Jobless claims) and on friday for the US NFP data.
So considering this, I would be very careful in taking longs in GBPUSD, especially before tomorrows UK manufacturing and industrial production data for may 2016.
then try to reconquer the post-brexit highs and might post a new high around 97, given that US fundamentals play their part today (Markit Services), tomorrow (Jobless claims) and on friday for the US NFP data.
So considering this, I would be very careful in taking longs in GBPUSD, especially before tomorrows UK manufacturing and industrial production data for may 2016.
Note
Forgot to mention FOMC Minutes tonight 20hrs CET
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