23 Aug: Trend table outlook for FX, Commodities, Indices

By | August 23, 2019

Markets have generally been steady ahead of Jackson Hole, which starts today, and most traders are now sidelined. Risk positions have generally been cut due to the possibility of gapping at the Monday open, and I would therefore not be too involved on Friday.
Of note, Cable looks to have further gains ahead of it, while the Kiwi looks heavy.
I have not done a technical outlook, or made any trade suggestions, today, as it will be fairly redundant by the time we get round to Monday’s open, so expect a full update then.
Have a good weekend.