Volatile week ends, NFP coming up next

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    It has been a difficult week for FX traders, with plenty of conflicting signals to contend with and plenty of volatility. Friday’s early focus was on GBP again, paid up aggressively against the EUR and the USD to send Cable through 1.4000 again, but facing fresh selling interest ahead of 1.4050. EUR/GBP sales were all inside well-worn ranges, but enough to knock EUR/USD lower, fresh from taking out resistance in the 1.1050-55 area. Later in the day, the US GDP numbers were far better than

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