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FTSE 100: Sell rallies while below 6450; GBP/USD and AUD/USD: higher before lower

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Brenda Kelly, Head Analyst at London Capital Group, joined today’s Tip TV Finance Show, to discuss EUR/USD, GBP/USD, AUD/USD and the FTSE 100. EUR/USD: ECB disappointment will see the single currency rally higher With the key ECB meeting ahead, Kelly believes that any disappointment from Draghi will see a short squeeze in EUR/USD and see the cross rally higher. GBP/USD: Trend is downwards GBP/USD remains in a big downtrend since July, looking to test 1.50 levels and even 1.4950, says Kelly.

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