- Increased volatility for the sterling, but the GBP looks resistant to the final decision from the UK Supreme Court.
- USD is firm today despite the suggestions from Mnuchin about the dollar being too strong and hurting the US economy.
- NZD using the resistance from the ascending triangle as a new support now.
- Gold is still in the ascending triangle formation but it looks like will get out soon with an upswing.
- Brent oil cannot decide if it wants to follow the H&S pattern or the pennant. This is a good situation for price action traders using breakout strategies.
Alpari - Analytics
