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 …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36440 with take profit at 1.36586 Bearish Preference: Sell position is envisaged if price trades below 1.35993 with take profit at 1.35879 Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment: GBP/USD cheers the US dollar …
Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 85.26 with take profit at 85.43 Bearish Preference: Sell position is envisaged if price trades below 84.75 with take profit at 84.59 Fundamentals:No major fundamental Comment: Oil prices rose on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 110.935 with take profit at 111.064. Bearish Preference: Sell position is envisaged if price trades below 110.475 with take profit at 110.371. Fundamentals:1:30 pm USD Philly Fed Manufacturing Index USD Unemployment Claims Comment: The greenback maintained its strong stance through the …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37782 with take profit at 1.37939. Bearish Preference: Sell position is envisaged if price trades below 1.37235 with take profit at 1.37088. Fundamentals:3:00pm USD CB Consumer Confidence Comment: The dollar edged higher in early European trading Tuesday, elsewhere, GBP did a bit of recovering yesterday against the …
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 …
