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A negative result in GB Nationwide HPI and Negative In German Retail Sales will result in a huge short for GBPUSD. Bears in control this week. Resistance has been tipped a third time meaning market will have to fall to at least 61,8% touching a very strong diagonal and horizontal support. The Support also happens to be our 61,8% fib Level
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BUY GOLD technical analysis confirms buy
Technical analysis confirms buy
We are buying at the third touch on diagonal and horizontal Support. Market will move in the channel created! any other questions contact me
GBPUSD WILL RESPECT SUPPORT THE THIRD TIME AND HEAD TO TOUCH OUR RESISTANCE
FUNDAMENTALS ARE EXPECTING A LONG TRADE ON THIS AFTER NEWS RELEASE CLAIMING THAT THE CORONA VACCINE COULD HAVE A 70% EFFECTIVENESS RATE. THIS COULD MEAN WE ARE FINALY GOING BACK LONG IN THE US STOCKS. THIS COULD ALSO MEAN BAD NEWS FOR OTHER STOCKS THAT WERE BENEFITING THROUGH THE CORONA BREAK. WE WAIT FOR THE BREAKOUT THEN GO LONG/SHORT STAY TUNED
FUNDAMENTALS ARE EXPECTING A LONG TRADE ON THIS AFTER NEWS RELEASE CLAIMING THAT THE CORONA VACCINE COULD HAVE A 70% EFFECTIVENESS RATE. THIS COULD MEAN WE ARE FINALY GOING BACK LONG IN THE US STOCKS. THIS COULD ALSO MEAN BAD NEWS FOR OTHER STOCKS THAT WERE BENEFITING THROUGH THE CORONA BREAK. WE WAIT FOR THE BREAKOUT THEN GO LONG/SHORT STAY TUNED