Analysis of the American Trading Session

Trades on the American session on Monday were closed by the overall decline of the American in the whole spectrum of the market. This movement was caused by a decrease in the US treasury securities and the repulsion of the index from a significant resistance of 94.00. Also, the pressure on the dollar shifted attention from political problems in Italy on the expectation of data on the pound.

Now the main outsider of the Forex market is the British pound, which is traded with a decrease in the correction of positions in front of a string of news. Economic calendar.

Fig. GBP/USD H4. Current price – 1.3410

Read also: “How has the economy of Great Britain changed after the announcement of Brexit and how did it affect the pound”.

Andre Green