DislikedI'm fairly new to forex trading, so I'm going to ask a question to which the answer may be obvious.. Why would the price go up again to 62, when the drop just now was caused by the GBP PMI numbers.. if the numbers are bad and it causes a drop to where we are right now, why would price go up immidiately after? Wouldn't that make the PMI numbers not have any effect.. :S ?Ignored
Seekerz is seeing a 30 min trend showing a possible drop. I don't know yet and I am waiting to see if it breaks 1.604 or 1.602 to see which way to go.