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What will the 4 PM fixing bring us this Friday?

Discussion in 'Technical Analysis' started by ForexLive, Feb 19, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    You always need to be prepared. As the UK negotiations drag on in Brussels, and the weekend approaching you have to wonder if there might be some 4PM Friday fixing volatility. The GPUSD is trading nearer lows but off the lows.The Wednesday lows for the week remain intact at 1.4242 ad 1.4234. Looking at the hourly chart below, yesterday the price held against the 100 hour MA as anxiety keeps on lid on the pair

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