GBPJPY remains above the rising trend line But technical oscillators are losing steam as well GBPJPY has been posting some flat days over the last four sessions, holding near the short-term uptrend line. The market is developing near the 191.00 round number with the technical oscillators confirming the weakening momentum. The RSI is moving horizontally above […]
In focus today From the US, April durable goods orders and revised May Michigan consumer sentiment survey are due for release. The flash release showed consumers’ inflation expectations ticking notably higher, but the recent decline in retail gasoline prices could mean that expected inflation has also moved lower. The Fed’s Waller (voter) will be on […]
The post Euro Area and US PMIs Surprise to the Upside appeared first on Action Forex.
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