DislikedIf I may ask, what evidence do you have to support this view? Seems to me that with the election tonight and and the expectation of more rate cuts, that's the last thing it will do.
Once again I might add that we are in a strong bearish trend, any bullish activity will, in my opinion, be very brief.Ignored
The market is perceiving rate cuts as bullish this time around. It has something to do with easing monetary pressures. I posted charts to verify. Look at the bull flags on cable, and usd/jpy, euro/usd, etc.