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It’s the mother of all markets, making all other types of trading possible. Every three years the Bank of International Settlements releases its survey of foreign exchange and OTC derivatives markets.
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2021/07/06 Market Analysis

Authored by TD Markets
06.07.2021
Market Analysis
0
1 min

EURGBP:

EURGBP broke and closed below the support for the bearish leg that traders have been keeping an eye out for. Market shot 20 pips and just a few pips shy of the target.

GBPAUD:

GBPAUD didn't break and close above the resistance to confirm the bullish leg. Sellers seem aggressive and as such, the bearish wave has completely invalidated the bullish setup.

GBPJPY:

GBPJPY has just broken and closed above the resistance zone and is currently shooting up.

Authored by TD Markets
06.07.2021
Market Analysis
0
1 min

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