Middle Eastern Sovereigns and ACBs still buying dips Q4 GDP out later today, and I’ve heard rumours of both good and bad data so it will probably come in bang on expectations The 200-week MA comes in at 1.6010 and the last time it was breached (bearishly) it was good for a 50 big figure move (from 1.90 to 1.40 in late 2008) (full story)