This week, there will be no bank rate decisions.
EU rose to 1.2770 (W R1 1.2775) after opening at 1.2630. Bias up. Buy on dip.
Daily - Previous day candle closed with an engulfing bullish candle, crossed below 8 lwma, RSI above 50.
H4 - Higher low, above 8 lwma, RSI above 50, above signal. W P 1.2642, W M4 1.2850, W R2 1.2924.
GU moved within 1.6050 and 1.6120. No bias. Might bounce from support.
Daily - Previous day candle closed with an inside bar, crossed below 8 lwma, RSI below 50.
H4 - Lower high and higher low, below 8 lwma, below signal, RSI below 50. W P 1.6084, W M2 1.6012, W S1 1.5941.




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