The rally was fueled by news of a better than expected UK Halifax housing report, while the BoE left its economic policy unchanged.
So far in Asia-Pacific trading this Friday, the pair is consolidating around the 1.5500 mark, last quoted just above the figure at 1.5505.
“The current short term bullish outlook will lose potential if the pair loses 1.5114, early week high, and reverse, once 1.5485 gives up,”
No comments:
Post a Comment