Awaiting BoE Minutes

Good morning forex traders. Today we have the BoE minutes due out which an expectation of 7-2 in favour of keeping the rates unchanged.

As we have all witnessed the Dollar has accelerated to the upside recently. The brakes are on but for how long? The trend line resistance shown on the weekly Dollar Index chart below has been tagged. The daily is giving us a minor divergence and we hit the figure.


Advanced Get Weekly Dollar Index.


Daily Pivot Points from Dynamic Trader Forex Toolkit.

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Good trading.

Forex Analyst
Javid Shaik