Last week’s GBP/USD close price forecast was 1.3583 and under 1.3615. At exactly 4.59, GBP/USD went into extraordinary prices as 1.3615 traded then a massive drop to 1.3585 then 1.3575 and back to 1.3590’s and the close at 1.3575.
Way back in the day and long before 2016, GBP/USD had habits of a massive 100 and 150 drop or rise without warning. The explanation then as was probably the result last Friday at 4:59 was a giant GBP trade went through late in the day just before the close. Back then, the drop or rise was explained by 1 Yard or a 1 billion GBP trade went through.
Close Prices
EUR/USD 1.2155
EUR/JPY 125.88
EUR/NZD 1.6998
EUR/AUD 1.5779
GBP/USD 1.3611 and under 1,3642
GBP/JPY 130.90 and under 141.36
GBP/CHF 1.2062
GBP/CAD 1.7295
GBP/NZD 1.8985
GBP/AUD 1.7675
AUD/USD 0.7683
AUD/JPY 79.71
AUD/CHF 0.6795
AUD/CAD 0.9791
NZD/USD 0.7149
NZD/JPY 74.19
NZD/CHF 0.6348
NZD/CAD 0.9114
USD/CAD 1.2713
USD/JPY 103.56
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
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