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gbpusd

Daily Market Analysis 23.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32824 with take profit at  1.32963. Bearish Preference: Sell position is envisaged if price trades below 1.32448 with take profit at 1.32295. Fundamentals:8:00am        GBP        CPI y/y1:00pm        GBP        BOE Gov Bailey Speaks Comment: The dollar was …

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Daily Market Analysis 15.03.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.30810 with take profit at  1.30956. Bearish Preference: Sell position is envisaged if price trades below 1.30476 with take profit at 1.30319. Fundamentals:1:30pm USD PPI m/m  Comment: The Bank of England (BoE) monetary policy decision is unlikely to lift the pound. The pair clings to modest daily gains …

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Daily Market Analysis 23.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1.35935 with take profit at 1.36074. Bearish Preference: A Sell position is envisaged if price trades below 1.35773 with take profit at 1.35657. Fundamentals:None with high impact Comment: GBP/USD reversed direction and recovered after dropping below 1.3550 on Tuesday but has struggled to preserve its …

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Daily Market Analysis 22.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35817 with take profit at 1.35946 . Bearish Preference: Sell position is envisaged if price trades below 1.35645 with take profit at 1.35522 . Fundamentals:3:45pm USD Flash Manufacturing PMIUSD Flash Services PMI4:00pm USD CB Consumer Confidence Comment: The GBP/USD pair kicked off the new week on a …

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Daily Market Analysis 07.02.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.35218 with take profit at 1.35402. Bearish Preference: Sell position is envisaged if price trades below 1.34875 with take profit at 1.34663. Fundamentals: No major Fundamental. Comment: GBP/USD trades around the 1.3515 level at the time of writing, coming off a half a percentage point on Friday …

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Daily Market Analysis 28.01.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.34356 with take profit at 1.34641. Bearish Preference: Sell position is envisaged if price trades below 1.33464 with take profit at 1.33179. Fundamentals:USD: 2:30PM Core PCE Price Index m/m4PM Revised UoM Consumer Sentiment Comment: GBP/USD suffered heavy losses on Thursday. The 1.3300 level is seen as the …

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Daily Market Analysis 10/12/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32345 with take profit at 1.32480. Bearish Preference: Sell position is envisaged if price trades below 1.31967 with take profit at 1.31815. Fundamentals:2:30pm USD CPI m/mUSD Core CPI m/m Comment: The GBPUSD pair edged higher during the early part of the trading action on Friday and …

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Daily Market Analysis 30/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.33447 with take profit at 1.33572. Bearish Preference: A Sell position is envisaged if price trades below price 1.33305 with take profit at 1.33173. Fundamentals:3:45pm USD Chicago PMI4:00pm USD Fed Chair Powell TestifiesUSD CB Consumer ConfidenceUSD Treasury Sec Yellen Speaks7:00pm USD FOMC Member Clarida …

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Daily Market Analysis 26/11/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.33081 with take profit at 1.33180. Bearish Preference: Sell position is envisaged if price trades below 1.32799 with take profit at 1.32671. Fundamentals:Tentative USD Treasury Currency Report Comment: GBP/USD extends the five-day downtrend towards refreshing 2021 low near 1.3300 heading into Friday’s London open. The …

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Daily Market Analysis 25/11/2021: GBPUSD

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 …

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