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The 1.2698 area is now eyed The GBPUSD is getting hit and trades at the lowest level of the day.  As per the previous post, the price fell to a trend line, stalled at that level and rebounded up to to the 200 hour MA.  Sellers leaned there and have now pushed below a lower
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Russell Investments’ Doug Gordon is optimistic stocks will find a floor — just not until next year. Gordon, a senior portfolio manager on the firm’s technical asset allocation strategies team, blames uncertainty surrounding the U.S.-China trade war and Federal Reserve policy for the violent market swings. “The first and fundamental question: Is this a correction
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Prior month $10.923B revised to $11.57B US consumer credit rose in October by the most in almost a year. The numbers topped expectations.   Consumer credit rose by $25.384 billion versus $15.0 billion expected the prior month was revised to $11.6B from $10.923B revolving credit increased by $9.2B, after a -$310M decline last month (credit card)
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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