Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 150.369 with take profit at 150.546. Bearish Preference: Sell position is envisaged if price trades below 149.978 with take profit at 149.770. Fundamentals:No major fundamental Comment: The UK’s reopening and rapid vaccination campaign are helping sterling hold up.Another factor supporting sterling comes from the Bank of England, …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell position is envisaged if price trades below the verified support at price 1.37576 with take profit at price 1.37215 Bullish Preference: Buy position is envisaged if price trades above 1.38283 with a take profit at price 1.38572 Fundamentals:GBP: BOE Gov Bailey Speaks (11AM)GBP: BRC Retail Sales Monitor y/yUSD: NFIB Small Business Index Comment: The US …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.39402 with take profit at 1.40062. Bearish Preference: Sell is envisaged if price trades below 1.38213 with take profit at 1.37634. Fundamentals:2.30PM – Non-Farm Employment Change Average Hourly Earnings Unemployment Rate Comment: The dollar was up on Friday morning in Asia, …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisage if price trades above 1.39454 with take profit at 1.39727. Bearish Preference: Sell is envisaged if price trades below 1.39141 with take profit at 1.38880. Fundamentals:4:00PM – Unemployment Claims6:05PM – Fed Chair Powell Speaks Comment: GBP/USD has been resisting yield-driven dollar strength ahead of Fed Chair Powell’s speech as the …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1.39409 with take profit at 1.39106. Bullish Preference: Buy is envisaged if price trades above 1.39963 with take profit at 1.40266. Fundamentals:2:15pm USD ADP Non-Farm Employment Change4:00pm USD ISM Services PMI Comment: The pair gained traction through the first half of the trading action on Wednesday …
Instrument: GBPUSD Technical Analysis Bearish Preference: A sell position is envisaged if price trades below 1.38222 with a take profit at 1.37647 Bullish Preference: A buy position is envisaged if price trades above price 1.39773 with take profit at price 1.40402 Fundamentals:USD: Core PCE Price Index m/m (2:30pm)G20 Meeting (All Day) Comment: The dollar climbed higher in early European …
Instrument: GBPUSD Technical Analysis Bearish Preference: A Sell position is envisaged if price trades below 1.41257 with a take profit at 1.41032. Bullish Preference: A Buy position is envisaged if price trades above price 1.41621 with take profit at price 1.41828. Fundamentals:USD: FOMC Member Bostic Speaks (2:30)USD: Core Durable Goods Orders m/m (2:30) Comment: Federal Reserve FOMC members vote on …
Instrument: GBPUSD Technical Analysis Bearish Preference: Sell is envisaged if price trades below 1.36675 with take profit at 1.36484. Bullish Preference: Buy is envisaged if price trades above 1.37571 with take profit at 1.37891. Fundamentals:No Fundamentals Comment: The dollar did fall lower earlier today, but the expected stimulus package which is being debated by congress at the moment is …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy is envisaged if price trades above 1.35155 with take profit at 1.35546. Bearish Preference: Sell is envisaged if price trades below 1.34728 with take profit at 1.34312. Fundamentals:No Fundamentals Comment: The buck had some strength last week Friday as this could be attributed to data’s that favored the USD, we saw average …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33012 with a take profit 1.33934. Bearish Preference: Enter a Sell position if price trades below 1.32340 with take profit at 1.31403. Fundamentals:No Major Fundamentals. Comment: The cable saw a gap down on Friday, we could attribute that to the stalemate in the Br-exit negotiations, also …
