Cable continued to consolidate last week in the after shock of Brexit, with the pair trading in a narrow range on the daily chart, and this continued at the start of this week’s trading keeping to a 70 pip range, and closing 9 pips lower off the open.
The EURUSD pair initially fell during the day on Monday, but turned around to slam into the 1.10 level again.
The AUDUSD pair initially tried to rally during the day on Monday, but turned back around to form a bit of a shooting star.
The AUDUSD pair fell during the course of the day on Friday, as we continue to see this market soften.
The EURUSD pair broke down below the bottom of a couple of hammers during the Friday session, so therefore if you we are getting ready to go even lower.
The British pound fell again during the day on Friday, as we continue to grind our way down towards the 1.30.
The EURUSD pair went back and forth during the course of the session on Thursday, as we continue to bounce around the 1.10 level.
The AUDUSD pair initially rallied during the day on Thursday but turned back around to give up about half of the gains.
The EURUSD pair went back and forth during the course of the day on Monday, as we continue to flood sideways.
The AUDUSD pair gapped higher at the open on Monday, but then just sat there.
