15.06.2017 • 13:00 GMT
The Complexity of the BoE for Pound vs Simplicity of Jobs for Aussie
• There is virtue in finding the most simple and straitforward trade opportunities possible, but it can also limit
• Simplicity can generate immediacy and volatility but complexity more often produces longer-running trend
• We consider the 'simple' appeal of the Aussie jobs data for AUD versus the many faceted BoE decision for GBP
With EUR/USD turning at high profile resistance around 1.1300 see how retail traders are positioning for the turn - skepticism or conviction - with the DailyFX speculative sentiment reading.