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As I was expecting, all day GBP couples were nowhere to lose, but during the Asian session, GBP was a big hit.
My mistake was that I had closed all purchasing orders on GBP pairs earlier, I thought it was the end of the week and that the US dollar should be strengthened somewhat.
I expect withdrawal of about 100 points down for GBP couples during the day, so we need to see what the Canadian CPI will bring today.
I believe that the CPI should be bad or the same, so we can consider CAD to eradicate yesterday's gains.
Conversely, if the CPI is better than expected, then we can expect the extension of the Movement Force for CAD against all currencies and possible GBP stabilization on the levels reached during the Asian and EU sessions, which could mean a continuation of GBP prosperity next Monday.
My mistake was that I had closed all purchasing orders on GBP pairs earlier, I thought it was the end of the week and that the US dollar should be strengthened somewhat.
I expect withdrawal of about 100 points down for GBP couples during the day, so we need to see what the Canadian CPI will bring today.
I believe that the CPI should be bad or the same, so we can consider CAD to eradicate yesterday's gains.
Conversely, if the CPI is better than expected, then we can expect the extension of the Movement Force for CAD against all currencies and possible GBP stabilization on the levels reached during the Asian and EU sessions, which could mean a continuation of GBP prosperity next Monday.
