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gbpusd

Daily Market Analysis 24.10.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.13615 with take profit at  1.13839 Bearish Preference: Sell position is envisaged if price trades below 1.12951 with take profit at 1.12754 Fundamentals:9:30am     GBP Flash Manufacturing PMIGBP Flash Services PMI Comment: The U.S. dollar edged higher in early European trading Monday, absorbing suspected intervention by the …

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Daily Market Analysis 04.10.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.13776 with take profit at 1.13968 Bearish Preference: Sell position is envisaged if price trades below 1.12972 with take profit at 1.12809 Fundamentals:3:00pm USD JOLTS Job Openings Comment: GBP/USD climbed 0.5% to $1.1375 in the wake of the British government’s decision to reverse the proposed scrapping of the highest …

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Daily Market Analysis 23.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.11943 with take profit at 1.12092 Bearish Preference: Sell position is envisaged if price trades below 1.11571 with take profit at 1.11379 Fundamentals:9:30am GBP Flash Manufacturing PMIGBP Flash Services PMI2:45pm USD Flash Services PMI Comment: GBP/USD fell 0.3% to 1.1223, just off a new 37-year low of 1.1213 hit …

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Daily Market Analysis 12.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.17081 with take profit at 1.17236 Bearish Preference: A Sell position is envisaged if price trades below price 1.16699 with take profit at 1.16545 Fundamentals:7:00am GBP GDP m/m Comment: GBP/USD rose 0.7% to 1.1667, piggy-backing on the euro’s gains versus the dollar, although the latest economic data showed …

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Daily Market Analysis 05.09.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.15149 with take profit at  1.15384. Bearish Preference: A Sell position is envisaged if price trades below price 1.14379 with take profit at 1.14168. Fundamentals:All Day USD Bank Holiday Comment: The U.S. dollar rose to a new two-decade high in early European trade Friday, while …

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Daily Market Analysis 11.07.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.20013 with take profit at 1.20178 Bearish Preference: Sell position is envisaged if price trades below price 1.19466 with take profit at 1.19310 Fundamentals:3:15pm GBP BOE Gov Bailey Speaks Comment: GBP/USD fell 0.4%, with the political uncertainty surrounding the ruling Conservative party’s choice of their next …

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Daily Market Analysis 10.05.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.23605 with take profit at 1.23734 Bearish Preference: Sell position is envisaged if price trades below 1.23146 with take profit at 1.23070 Fundamentals:FOMC Member Waller Speaks by 6 PMFOMC Member Mester Speaks by 8 PM Comment: GBP/USD has been fluctuating in a relatively tight range above 1.2300 …

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Daily Market Analysis 29.04.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25638 with take profit at 1.25795 Bearish Preference: Sell position is envisaged if price trades below 1.25374 with take profit at 1.25235 Fundamentals:1:30pm USD Core PCE Price Index m/m Comment: Pre-month-end profit-taking in the US dollar, which has up until this point been on a rampage higher …

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Daily Market Analysis 19.04.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.30197 with take profit at  1.30346 Bearish Preference: Sell position is envisaged if price trades below 1.29934 with take profit at 1.29789 Fundamentals:No major Fundamental. Comment: The GBP/USD pair edged lower during the Asian session on Tuesday and inched back closer to its lowest level since November …

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Daily Market Analysis 29.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.31355 with take profit at  1.31464. Bearish Preference: Sell position is envisaged if price trades below 1.31083 with take profit at 1.30968 Fundamentals:3:00pm        USD        JOLTS Job Openings        USD        CB Consumer Confidence Comment: GBP/USD  rose 0.1% to …

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