Markets poised for stronger NFP data but are USD bulls already ahead of themselves?

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Jan 8, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    The latest US non-farm payroll data rolls out at 13.30 GMT After a cautious morning we're seeing some USD demand again as US traders arrive at their desks GBPUSD is testing 1.4580 support/demand after failing to hold gains above 1.4600 and rally sellers have once again found virtue in being patient. I've been saying for a while that there is room in this market for both bears and bulls and I've chosen to be a rally-seller whilst recognizing/respecting those buying dips too.

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