Monthly Archives: September 2017

GBP/USD forecast for the week of October 2, 2017, Technical Analysis

The British pound had a negative week after initially trying to rally, but as you can see we are very much in an uptrend. I believe there is significant support just below, and although this week might be a bit soft, I think that somewhere near the 1.33 possibly even the 1.3150 level, we will see…

Signs of corrective recovery in progress for USDJPY

Yesterday’s US inflation update gave no encouragement to USD bulls and another test comes today in the form of the US nonfarm employment report. In the last 20 years, August has only once showed a jobs added number of 200,000 plus (which was back in 1998).

Yet some analysts are looking for a big…

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