The pair is trading near 1.1450. Does it still have the potential to the upside?
Daily Market Analysis
Information is not investment advice
Gold prices tend to rise together with risky assets as investors try to hedge their exposure to stock investments.
EUR/GBP is trying to break higher after the consolidation that took the major part of this week.
The next week may definitely be called Australian due to the huge amount of economic releases.
Learn what to expect from the statement...
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What happened? Gold was just above $1 800, now - back down below?
The pair approaches the significant resistance at 61.8% Fibo level. Look for the breakout!
OPEC+ will have a meeting this week. What are we to expect?