Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if the price trades above 1.16391 with take profit at 1.16618 Bearish Preference: Sell position is envisaged if the price trades below 1.15759 with take profit at 1.15570 Fundamentals:None with high impact Comment: GBP handed back some of the week’s near 2% gains on optimism that new British Prime Minister Rishi Sunak …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33610 with take profit at 1.33780. Bearish Preference: Sell position is envisaged if price trades below 1.33375 with take profit at 1.33249. Fundamentals:6:00pm GBP BOE Gov Bailey Speaks. Comment: The Fed indicated that it could pick up the pace on its asset tapering program, and hike …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33908 with take profit at 1.34044. Bearish Preference: Sell position is envisaged if price trades below 1.33663 with take profit at 1.33568. Fundamentals:2:30pm USD Prelim GDP q/q USD Unemployment Claim4:00pm USD Core PCE Price Index m/m8:00pm USD FOMC Meeting Minutes Comment: The US Dollar Index …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37947 with take profit at 1.38043. Bearish Preference: Sell position is envisaged if price trades below 1.37553 with take profit at 1.37438. Fundamentals:No major fundamental Comment: The dollar was up in early trading Tuesday morning in Asia, following a high reached overnight during the U.S. trading …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1801.54 with take profit at 1803.18. Bearish Preference: Sell position is envisaged if price trades below 1795.04 with take profit at 1793.30. Fundamentals:No major fundamental Comment: Gold gained across the board last week as rising G10 inflation expectations outpaced gains in sovereign bond yields – …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36083 with take profit at 1.36226 Bearish Preference: Sell position is envisaged if price trades below 1.35578 with take profit at 1.35403 Fundamentals:3:00PM USD: Fed Chair Powell Testifies CB Consumer Confidence Comment: BP/USD Is currently on the Backfoot. A modest pullback in the Pound this …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.42442 with a take profit at price 1.42642. Bearish Preference: A Sell position is envisaged if price trades below 1.41602 with take profit at price 1.41412. Fundamentals:3:00pm USD ISM Manufacturing PMI4:00pm GBP BOE Gov Bailey Speaks Comment: The dollar weakened in early European trade Tuesday, slipping to …
Instrument: GBPJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 153.942 with take profit at price 154.044. Bearish Preference: A sell position is envisaged if price trades below price 153.793 with take profit at price 153.690. Fundamentals:No major fundamental. Comment: Fresh yearly highs emerged last week, and it appears that some basing may be …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38970 with take profit at 1.39091. Bearish Preference: Sell position is envisaged if price trades below 1.38523 with take profit at 1.38323. Fundamentals:7:00pm USD FOMC Statement Comment: The dollar was up on Wednesday morning in Asia ahead of the U.S. Federal Reserve’s latest policy decision and …
Instrument: GBPUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.39040 with take profit at price 1.39238. Bearish Preference: A sell position is envisaged if price trades below price 1.38677 with take profit at price 1.38372. Fundamentals:No major fundamental. Comment: The daily chart shows that the medium-term supportive GBP/USD trendline remains in place …
