It’s Monday, July 17th, My name is Kiana Danial, CEO of Invest Diva and here is your forex report. The GBP/USD pair jumped up above the Ichimoku cloud again on Friday, reaching our bullish target of 1.30. On today’s Sydney market open, the pair opened above this key resistance level, which could be an indication of further gains, as the USD bear market sentiment continues after market players to took Fed head Janet Yellen’s hours of answering questions to the Congress as dovish. During today’s Asian session we have China’s GDP which could impact the AUD crosses. During the next day’s Asian session, New Zealand’s Consumer Prices Index (YoY) (2Q) will be out at 10:45 PM GMT, expected to tick lower to 1.9% from the previous reading of 2.2%. Thanks for watching, invest responsibly and I wish you the best of luck making pips by trading forex.
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