[Belgrade Bobby]

GBPUSD Daily

The Devil at it’s best…now it all look quite natural and reasonable, but on smaller time frames it is a mess.

1.30650 is the Major Obstacle now.

To be certain that we have turned Up, I would like to see it above 1.31

[GVI Forex]

GBPUSD 15 MINUTE – Roadmap

Similar to EURUSD, this is one way to use The Amazing Trader

1.2977 break => 1.3002 => If 1.3002 become upport then 1.3027 come on the radar

[GVI Forex]

EURUSD 15 MIN CHART – LIKE A ROADMAP

Posting this to how The Amazing Trader can be used a a roadmap

1,0830 break => targets 1.0844

A 1.0844 break would put 1.0959 on the radar if 1.0844 became support.

[GVI Forex]

Lower US yields may be weighing on the USD

[GVI Forex]

EURUSD 1.0828: similar AT resistance line comes in around 1.0830 (also the initial target from the bounce off the low), just nicked. Break would confirm the end of the down episode.

[GVI Forex]

10 Year Bond Yields SSnapshot

[GVI Forex]

GBPUSD 15 Minute Chart -Intra-day resistance

You can see where 1.2977 resistance comes from… it is an >Amazing Trader (AT) chart level and its importance is based on AT logic

A break of this level would confirm the end of the down episode (it is also the initial target for the bounce off the low)

[GVI Forex]

Nice pop in GBPUSD (1.2937 => 1.2069) off this week’s low (posted below in real-time)….. intra day resistance 1.2977

Similar price action in EURGBP .8357 => 8340

Use the “50” levels in each as pivotal day levels

[SF Monedge]

That did it.  Sterling should now be dominant sell side going forward the proper approach is sell higher (1300 0 13020 +/-) if not already in.

[GVI Forex]

GBPUSD getting hit as UK budget is being announced… low for the week at 1.2939 tested, holding so far

[SF Monedge]

Options market for Sterling is sturdy on the sell side in outside options but some call buying creeping in around 2950 in the nearby.  Very dicey here around 2955.  If you roll the dice on the buy side you hit a perfect score, if it doesn’t hold you could get nailed.  Sterling tends to overshoot a little.

[SF Monedge]

Buy side for New Zealand looks decent a fair bit below current market.  Buy side of Yen futures (sell Yen pairs) looks good again from a bit away from current market again if not already in.  Possible Loonie get a little updraft which should provide a decent sell side angle if not already in.  Would take a bit to break that.

[SF Monedge]

Very nice jobs report.  Hopefully it is authentic.  Sterling futures and pairs overextended a smidge to the downside in some metrics so either Sterling drops off of a cliff around 2955 or holds and journey’s uphill in accord with any risk on sentiment related to the jobs report.

Aussie did the same in reverse just prior to the report and so the reverse applies.  I like the risk on sentiment but with the understanding there is understandable apprehension across markets right now with all of the Geo, US elections, and other elements at play right now.

Roll the dice if it fits.

[GVI Forex]

Big beat on upside in ADP job report… ADP is not a reliable indicator of NFP

Next up is US Q3 GDP… consensus is at 3.0%

Quarterly PCE to be reported ahead of more important monthly PCE due tomorrow.

[GVI Forex]

Newsquawk US Oprn

US futures mixed, GOOGL beats, DXY lower ahead of US ADP, PCE Prices/GDP Advance & GBP awaits Budget
Good morning USA traders, hope your day is off to a great start! Here are the top 5 things you need to know for today’s market.

5 Things You Need to Know

European bourses opened in negative territory and continued to trundle lower as the morning progressed, Tech lags post-AMD

Stateside, futures are firmer but only modestly so with Alphabet supporting as AI bolstered cloud performance

DXY briefly dipped below the 104.00 mark, EUR aided by hawkish-data while GBP awaits the budget

USTs continue to gain after Tuesday’s 7yr into Refunding, Bunds weighed on by data

Crude firmer after the surprise inventory draw with specifics otherwise somewhat light, XAU at another ATH

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[GVI Forex]

Newsquawk US Oprn

US futures mixed, GOOGL beats, DXY lower ahead of US ADP, PCE Prices/GDP Advance & GBP awaits Budget
Good morning USA traders, hope your day is off to a great start! Here are the top 5 things you need to know for today’s market.

5 Things You Need to Know

European bourses opened in negative territory and continued to trundle lower as the morning progressed, Tech lags post-AMD

Stateside, futures are firmer but only modestly so with Alphabet supporting as AI bolstered cloud performance

DXY briefly dipped below the 104.00 mark, EUR aided by hawkish-data while GBP awaits the budget

USTs continue to gain after Tuesday’s 7yr into Refunding, Bunds weighed on by data

Crude firmer after the surprise inventory draw with specifics otherwise somewhat light, XAU at another ATH

[GVI Forex]

A look at the day ahead in U.S. and global markets from Mike Dolan

Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on Alphabet’s (GOOGL.O), opens new tab impressive earnings beat and a relief-rally in election-bruised U.S. Treasuries.

A critical fortnight for investors includes next week’s U.S. election and Federal Reserve meeting, GDP updates later on Wednesday, the October employment report on Friday, a Bank of Japan policy meeting and pivotal first budget from Britain’s new government.

Morning Bid: Alphabet beats and Treasuries rally

[GVI Forex]

A look at the day ahead in U.S. and global markets from Mike Dolan

Markets struggling which way to look will be dizzy again in an event-strewn Wednesday but the spotlight first thing drops on Alphabet’s (GOOGL.O), opens new tab impressive earnings beat and a relief-rally in election-bruised U.S. Treasuries.

A critical fortnight for investors includes next week’s U.S. election and Federal Reserve meeting, GDP updates later on Wednesday, the October employment report on Friday, a Bank of Japan policy meeting and pivotal first budget from Britain’s new government.

Morning Bid: Alphabet beats and Treasuries rally

[GVI Forex]

Full slate of US data coming up… see our Economic Data Calendar

[GVI Forex]

EURGBP 30 MINUTE CHART – REAL MONEY BUYINH

EURUSD 1.0835
GBPUSD 1.2974
EURGBP .8351

Scroll down for a EURGBP update… also resistance at .8352,66,83

Note when you see a one-way move such as the one today in EURGBP it Suggests rea; money buying ahead of the UK budget announcement.. see preview

[Author]

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