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  • Germany CPI North Rhine Westphalia (M/M) Aug: -0.1% (prev 0.3%)

Added at 4:14am

Added at 4:14am

Is Germany still not in recession?
Way down we goo.....
Early to bed, early to rise, keeps you healthy, wealthy and wise.
Why is it pulling GBP downward?
Quoting penuelophir
Why is it pulling GBP downward?
It looks like they are goof friends
Quoting penuelophir
Why is it pulling GBP downward?
Because foreign currencies are usually correlated in direction
they sing to me
Quoting rehmatkhan00
{quote} It looks like they are goof friends
Noo...but I was seeing a setup I wanted to go long on GBP but it seems as if the price is down and that was why I asked. I am not into a trade now.
Quoting penuelophir
Why is it pulling GBP downward?
The Euro. Simple
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Quoting penuelophir
{quote} Noo...but I was seeing a setup I wanted to go long on GBP but it seems as if the price is down and that was why I asked. I am not into a trade now.
I think going long on both EU and GU should be avoided this week as they are both too much overbought and we may see a deeper correction in both of them.
Lagarde still talks about the uptick in Europe ((:
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Quoting penuelophir
Why is it pulling GBP downward?
It's not pulling GBP downward. It makes dollar stronger and that's why you see downtrend on GBPUSD pair.
If you want to compare GBP to EUR, you should look at EURGBP crosspair.
it affects CHF?
zurc
Quoting penuelophir
Why is it pulling GBP downward?
They do direct correlation
No one cares about your efforts, only the results
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I think the best thing you can do is stay away from the market or open short position and proper risk management
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let me tell you guys one thing. gold is never going to break above 2527 this year and the next. so, never buy it. just sell the tops.
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