Going long on GBP/USD @ 1.9540

23:29 GMT, by Mark Gavalda, GBP, USD No Comments »

Hey guys, Seems like there’s a good support at 1.9525, so I went long now at 1.9540, with a S/L at 1.9515 and TP up in the sky. Maybe we’ll see some retracement after they decided to hold USD rates at 2%…

ISM is expected to stay below 50

13:46 GMT, by Mark Gavalda, USD No Comments »

Which would be negative for the USD. Last one was 50.2 about a month ago. If we see a higher value than 50, that could be the fuel the USD bulls need right now, to break below hard support lines faced after the NFP release.

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