Lloyds Banking Group Is On The Edge?


Technical Analysis Daily Majors & Minors

• GBP/USD has faced further weakness after a Hanging Man formation suggested a shift in sentiment for the pair. The daily close below the 1.6270 floor warns of an extended decline and retest of the 2014 lows near 1.6060.

Quick Daily update

• Lloyds Banking Group dismisses eight staff members following an investigation into the manipulation of some key interest rates set in London. How would this effect the share price of Lloyds banking group? • The Aldi supermarket chain posts a big rise full-year profits as its market share continues to grow, and 2014 looks to be an even better year.

Daily News To Watch

Monday 29th September 2014 Previous Forecast Actual No news today. – But now looking ahead to the key Non Farm results coming out on Friday.

By Nikhil Pankhania

Senior Market Analyst & Trader

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