Tuesday, November 14, 2017

Cable chart indicates negative British unemployment news


Several hours later British unemployment news is expected to keep the unemployment rate at 4.3 as last month and increase the unemployed's complaints to 2300 instead of 1,700 the previous month and lower the rate of income including allowances to 2.1% instead of 2.2%.To get my recommendations, subscribe to the Telegraph channelhttps://t.me/joinchat/AAAAAEQlscqnlbmEeSb_pAOr the site of Arensenhttps://arincen.com/register?referrer_id=1500
When we look at the cable chart for the daily time frame, today's candle for the fourth time in nine days failed to close the 76.4% high of the Fibonacci fan extending between the September 20th high at 1.3657 and the 6 Oct low at 1.3027 and 76.4% yesterday. 1.3173 while the candle closed today below that level by two points, which suggests market respect for the shaft of the fan and warns the decline of the pound at the time of the news to serve the fundamental analysis Technical analysis


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