GBP/USD Tilts Bullish As Markets Barrel Toward Mid-Week NFP Print
GBP/USD gained another 0.55% on Monday, extending into a firm two-day recovery.
Liquidity Drains And Volatility Set The Stage For A Turnaround Tuesday
Stocks closed higher, with the S&P 500 up around 50 bps.
Squeeze Targets Exposed
The S&P 500 is pressing against 7,000 for the third time. It gapped lower at the open and rallied back throughout the session. The VIX dropped to 17.31 but never fully unwound from last week's spike.
