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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 211896, member: 22847"] [B]AceTraderFx[COLOR=darkred] Aug 18: [/COLOR] Intra-Day News and Views– GBP/USD Intra-Day Market Moving News and Views[/B] Update Time: [B]18 Aug 2022[/B] [I]05:30GMT[/I] [B]INTRA-DAY GBP/USD - 1.2037[/B] Despite cable's spike up to 1.2143 (Europe) Wednesday after UK inflation data, subsequent erratic fall to 1.2028 on cross-selling vs euro suggests recovery from 1.2008 (Tuesday) has ended there n below 1.2028 would pressure price to 1.2004/08 after consolidation. As 1.2087 in post-Fed mins New York has capped rebound , hold short n only above 1.2095 may risk 1.2114/18. [/QUOTE]
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