As you would have guessed that I’m a technical trader, but I could not stop myself from posting the critical events that happened the past week causing this frenzy. As the quote from our respected blogger goes, “For a trader, it is important to keep abreast with the latest financial and market news” ;)
Critical Events last week
So now what? There are no big changes with current Fed interest rates, the United Kingdom is remaining united, and its inflation drop is as everyone has predicted. It’s time to get back into the charts then!
The Cable (GBPUSD pair)
From what you see above as a continuation of my previous update last month, The Cable has rode over the corrective waves abc where …