interesting.. but there's still not a good view for seller in w1 and MN , perhaps a good news can come anythime and make it fly again )
GBP/USD: Further downside in play ahead of a Big week?
•DXY offered in Asia. •Mixed US jobs data. •The UK PM May’s cabinet meeting eyed. The rebound in the GBP/USD pair lost legs just ahead of 1.34 handle, with the bulls now on the defensive awaiting fresh impetus from the plenty of risk events lined up in the week ahead. The Cable remains better bid so far this Monday, consolidating the recovery from mid-1.33s as the dust settles over the historic Brexit deal aftermath, with the focus now shifting on the fundamentals alongside fresh development around the Brexit deal. The US dollar ran through fresh offers in Asian, as the Asian traders reacted to the weak wage ... (full story)