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GBP Mid-day Analysis

Consolidation support continues to build just above the 1.56 level in the December Pound.

The zloty outperforms the forint.

EUR/USD has bounced after having made significant new lows.

Today’s highlights: EURUSD ideally remains capped by the falling 21-day average

Ahead of US payrolls G10 dollar-pairs are flat with EURUSD at 1.2382,

EURUSD: The outlined touchdown took place a few points above the ideal turning zone,

The main event today is the November labour market report in the US.

German bond yields ended the day higher yesterday in the aftermath of the ECB’s message

Gold continues to oscillate around the 55-DMA ($1202.9) with

Layers of resistance are accumulating as the recovery from

There is clean bull triangle developing on the daily.

Prices reached and went right through the 119.65/80 targets laid out yesterday.