Hi everyone, for this London outlook I analyze and old favorite the Aussie USD and the Pound Yen. Although I concentrate on the Aussie USD the analysis applies broadly to the USD and Yen in general. The Aussie keeps producing lower highs on a 4 hr level leading us to a downside bias and the Pound Yen is in hot pursuit of some key daily support levels. I hope you enjoy the analysis and please keep the feedback coming. Thanks and good luck.
David Pegler
For questions and comments email [email protected]
Al Bawaba