Video

Kay Van-Petersen
Saxo's global macro strategist Kay Van-Petersen examines the big issues for the markets in the week ahead in this brief rundown.
Squawk / 03 October 2018 at 5:55 GMT
Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
GBPUSD - Average caps. Sentiment cautiously Bearish.
In line with yesterday's bearish call, selling pressure dominated Tuesday’s early price action. All of our negative targets were met as CABLE fell more than a big figure to reach 3 week lows. The lows were not entirely maintained as profit taking developed at oversold extremes but the market remains comfortably below the key 13 day mvg avg despite gains in Asia. Nonetheless immediate signals for sentiment are mixed and recognising these factors we are square from the open but look to Sell below 1.2956 (Stop 1.3000, intraday Marabuzo line) or 1.3042 Rally, Tuesday’s open (Stop 1.3083). Targets below 1.2956 are 1.2921, the open from 3 weeks ago, and 1.2897, Sep 10th low.
Closes 4pm London time
03 October
alki alki
Hi Alan! Thanks so much for your consistent and competent work mate. We will miss you after this web site will be discontinued...
03 October
AlanCollins AlanCollins
Thank Alki. Will continue to post here until physically impossible.

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