WEEKLY TECHNICAL ANALYSIS WITH CANDLESTICK CHARTS – 10 JULY 2022
WEEKLY SNAPSHOT Composite PMI (Jun), U.K. WHEN: WHAT IT HAD INFLUENCED: 05 th JULY 2022 GBP and its subsequent pairs WHAT HAPPENED: The Composite PMI Index measures the activity level of purchasing managers in the both sectors. A reading above 50 indicates expansion in the sector; a reading below 50 indicates contraction. GBPAUD is trading in the down channel. Further dow...