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Pound & Gold Markets Come To Life
As I crack open and dissect the latest market flows, I must say that my attention this time immediately goes to two markets that are finally coming to life such as the Pound or Gold, both trending nicely after recent breakouts of structures on the daily timeframes. In the case of GBP, with further negative news piling in over the weekend (BOE’s Haldane talks negative rates, no-deal Brexit plans), even if most of the damage was done last Friday, the currency is by far the most fragile. It has therefore been an environment that threw around some of the juiciest risk reward prospects if short. In the case of gold, the ... (full story)
