Heavy flows reported in major pairs
- EUR/GBP back at its pivot near .8600;
- Heavy bids in USD/JPY near 98.00 have been soaking up selling from the crosses;
- Asian Sovereign funds buying GBP/USD and GBP/SGD;
- USD/SGD breaks a multi-year bearish trendline;
- USD/TRY posts record highs and USD/AXJ also makes large gains;
- RBI seen selling USD/INR in recent trade to stem the Rupee losses;
- AUD/NZD Fibo support at 1.1465 continues to hold firm.
Hi Sean,
GBP/USD sovereign buys interesting. I am bearish and and short and expect a much bigger fall, dependent on Carney. The daily has been a sell IMO for the past few sessions.
These guys get it wrong plenty of times Jack. Good luck with your trade.
Thanks Sean!
Hi, I am bullish too i think 1.58-1.59 soon will hit , retail sentiment clearly bearish (eurusd and gbpusd) only they long audusd. let see what will happen.