Our Experts Afternoon Forex Overview‏


Community Forecast
Jignesh on GBP/USD
“Though it is quite likely that Brexit fears are exaggerated, the market continues to put pressure on the GBP. Last week the pair pierced through major support at 1.4050 and took steps with it. The downside here continues to be supported by the monthly bullish engulfing candle, though this is likely to be the last week the pair will look to be bid as the brief bullish sentiment of May continues to negate over time.”
Dukascopy Technical Analysis
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AUD/USD poised for another rally
“The Fed has already indicated its reluctance to hike and is very unlikely to hike to defend the currency. If anything, they seem to be cheering any weakness the U.S. dollar encounters.”
– Citigroup Inc. (based on Bloomberg)
The Aussie received a boost from an increase in oil prices yesterday, which allowed the given pair to overtake the immediate resistance, but the impetus provided was insufficient to maintain trade above the 0.76 level.
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contracts for difference trading on bitcoin.

A market order for selling Bitcoins