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GOLD + GBPJPY Week Ahead Analysis 19th February



Gold Weekly Analysis


Last weeks candle continued the downtrend structure and closed below weekly support


  • USD Flash Manufacturing/Services PMI on Thursday


Slow news week for USD so anticipating price to range or continue bearish and fill last weeks wick



GBPJPY Weekly Analysis


Last week GBPJPY broke above last months highs and closed bullish above resistance


  • GBP Flash Manufacturing/Services PMI on Thursday


Slow news week for GBP. Anticipating GJ to either continue bullish or range above resistance


Check out the News Cheat Sheet 19th February for more information

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