EUR/GBP reverses opening gap

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Summary

The EUR/GBP pair opened today’s Sydney session above the daily Ichimoku cloud with a gap, however the sentiment reversed shortly after. With a rather light data day ahead, this could be something worth conducting the Ichimoku + Fibonacci strategy on. The EUR/USD pair opened above the important 1.1150 resistance, while USD/JPY continues to tease the lower band of the daily Ichimoku cloud. From the US, Trump is still abroad on his first international visit as President, abandoning the scandals and investigations back home. FOMC Member Harker is due to Speak about the link between physical and economic well being during the New York session at 2 PM GMT. Later, Fed's Brainard Speaks on Role of Inclusion in Economy at 11:30 PM GMT. Thanks for watching, invest responsibly and I wish you the best of luck making pips by trading forex.

 


 

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