Long position entered for EURGBP at 0.8791.

Long position entered for EURGBP at 0.8791. Stop Loss: 0.8754.   Long EUR/GBP position entered due to the clear relative strength of the Euro against the Pound. The Pound plunged following weak UK inflation data, while the Euro showed resilience despite soft Eurozone data. Furthermore, the ECB’s stable policy stance contrasts with the BOE’s anticipated […]

Long position entered for GOLD (XAUUSD) at 4213.54.

Long position entered for GOLD (XAUUSD) at 4213.54. Stop Loss: 4178.00   Both the US Dollar Index and US 10-year Treasury yields are declining, suggesting upward momentum for GOLD (XAUUSD) is likely to continue.