Gold continues recovery above 1294

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov observes that gold bounced from the Senkous Span B price last week and currently continues recovery above 1294.

Key quotes

“At the moment of writing the price is blocked by the first resistance 1308, next one is 1316.”

“Once above the last it will open the way to 1339.”

Prospect of interest rises in the UK grows - ING

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EUR/GBP has strong relationships with 0.79

EUR/GBP opened the day at 0.7910, and spent some time testing the nearest support area, trading not far away from it now.
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