GBP/USD Movnig Towards 1.30
November 13, 2018 1:20 pmVideo
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It’s 12 PM GMT on this Tuesday, so let’s see how things are shaping up for the market players.
Euro/Dollar shows limited rate movement of 36 pips. Traded volume is high and neutral sentiment is 13% short. Both sides have had only limited profit chances due to the narrow price movement range.
Pound/Dollar has shifted up towards the 1 30 level and a gain of point 54% was posted at midday. The Cable sees a typical amount of funds and sentiment is bearish, short positions are up by 15%. The rate went in the opposite direction to those forecasts, making losses more likely.
Dollar/Yen has shot up by 57 pips to rise above the 114 level. Turnover is high and most of the traders have been in long positions. The rate did go per those expectations, making profits very much likely.
Pound/Yen has had a bullish session as well and rise has resulted in a gain of point 81%. Traded volume is low and sentiment is neutral, 14% short. Steep rise has provided plenty of profit opportunities for bullish market participants.
Euro/Yen rose by close to 100 pips and a gain of point 54% has been posted. Turnover is low and sentiment of the traders is neutral, but short positions are up by 14%. Early rise puts bulls in better positions so far.
You’ve been watching the Midday Snapshot with me, Kiays Khalil.
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