Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.32566 with take profit at 1.32694. Bearish Preference: Sell position is envisaged if price trades below 1.32375 with take profit at 1.32238. Fundamentals:No Major Fundamental. Comment: The UK kicked off 2021 with an advantage – it secured more vaccines than its peers in the West, and …
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.12844 with take profit at 1.12926. Bearish Preference: Sell position is envisaged if price trades below 1.12642 with take profit at 1.12546. Fundamentals:2:30pm USD PPI m/mUSD Core PPI m/m Comment: This is a potentially very volatile week for the EURUSD pair as both US and European …
Instrument: GBPJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 154.202 with take profit at 154.373. Bearish Preference:Sell position is envisaged if price trades below 153.560 with take profit at 153.387. Fundamentals:None with high impact on the currencies Comment: The British pound gave back some of its weekly gains, despite a higher than expected jump …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.37818 with take profit at 1.37918. Bearish Preference: Sell position is envisaged if price trades below 1.37438 with take profit at 1.37338. Fundamentals:Tentative: GBP Annual Budget Release Comment: The dollar edged lower in early European trade Wednesday in calm trading ahead of next week’s Federal Reserve …
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 GBP/USD pair extended its rejection slide from the very important 200-day SMA and witnessed some selling for the second …
Instrument: EURGBP Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 0.84940 with take profit at 0.85025. Bearish Preference: A Sell position is envisaged if price trades below price 0.84691 with take profit at 0.84611. Fundamentals:All DAY G20 Meetings Comment: The UK GDP monthly release showed that the economy expanded less-than-expected in August, arriving at 0.4% …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36288 with take profit at 1.36411. Bearish Preference: A Sell position is envisaged if price trades below price 1.35689 with take profit at 1.35550. Fundamentals: 1:30pm USD Unemployment Claims Comment: The GBP/USD pair quickly recovered around 25-30 pips from the early European session lows, albeit …
Instrument: GBPUSD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1.36150 with take profit at 1.36364. Bearish Preference: A Sell position is envisaged if price trades below price 1.35633 with take profit at 1.35476. Fundamentals:1:15PM USD ADP Non-Farm Employment Change Comment: The pound has brushed off the weak tone that sent the pair plunging in …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.35565 with take profit at 1.35689 Bearish Preference: Sell position is envisaged if price trades below 1.35127 with take profit at 1.35011 Fundamentals:4:45pm GBP BOE Gov Bailey SpeaksUSD Fed Chair Powell Speaks Comment: The dollar edged lower in early European trade Wednesday, but remained near …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38157 with take profit at 1.38269. Bearish Preference: Sell position is envisaged if price trades below 1.37844 with take profit at 1.37725. Fundamentals:1:30pm USD Core Retail Sales m/m …
