Gold Weekly Analysis
Gold formed support on the Weekly and engulfed last weeks candle although price didn't close above the last resistance.
USD CB Consumer Confidence on Tuesday
USD Prelim GDP q/q on Wednesday
USD Core PCE Price Index m/m on Thursday
USD ISM Manufacturing PMI and Revised UoM Consumer Sentiment on Friday
Daily news for USD from Tuesday with Consumer Confidence typically bearish for Gold which could see the downtrend structure continue
GBPJPY Weekly Analysis
GJ broke last weeks high and continued bullish
No GBP news this week
JPY CPI, Retail Sales, Unemployment Rates and Consumer Confidence this week
No high impact news this week for GBP but some low impact news for JPY. GJ could continue bullish and break last weeks highs
Check out the News Cheat Sheet 26th February for more scenarios
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