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- Oil price hit three-week high on rising tensions between the US and Iran
- Aussie bounces on election surprise but expectations of rate cut weigh
- Pound falls further on collapse of Brexit talks
- Downside risk increases on rate cut expectations / trade conflict
- Bears extend through key Fibo support after double upside failure
- Bears pressure key Fibo support at 1.2773
- Fresh easing signals that recovery phase might be over
- Bears are positioning for fresh extension as expectation of rate cut weigh
- Cable hit new three-month low and eyes key support at 1.2773
- Euro remains in red despite solid EU/German data and US retail sales miss