gbpusd sıgnal

Is breaking 1.30 level last week in a pound and back above, indicates a false break or is it just the beginning ?

GBP USD TECHNICAL ANALYSIS The Pound cross down 1.3020 level but recover and continues to keep prices above the 1.30 level, last week the sterling went down till 1.2920 price level and closed the week gaining above 1.30on 1.3117 ,Reuters posted a piece regarding comments from an unnamed EU diplomat saying that the EU and Britain are very close to…

Read more

GBP USD TECHNICAL ANALYSIS

GBP USD TECHNICAL ANALYSIS The Pound continues to keep prices above the 1.30 level but will it continue?Today we have the US interest rate announcement – an important figure in itself that will affect the entire Forex market and probably the pound,other than that the main driver of Sterling’s recovery is a more promising outlook for Brexit negotiations: even though…

Read more

Busy week for the British pound, will it effect strong move on the GBP USD

GBP/USD TECHNICAL ANALYSIS UPDATE  busy week for the British pound: inflation, employment, and sales dataWill the Brexit divorce talks be judged to have reached the point at which discussions on future trading arrangements with European Council can begin? It looks unlikely but investors will nevertheless be paying close attention to the meeting of the EU’s leaders on Thursday and Friday…

Read more

Do the British Pound and UK economy of the 1990s (the devaluation of the Pound in 1992) come back again?

 Pound Dollar Technical analysis forecast update  All eyes will now be on the Bank of England’s today meeting at which policymakers are due to vote on interest rates. Members of the nine-person Monetary Policy Committee have warned that their tolerance for higher inflation, despite the weakness of the overall economy, is limited After the Brexit vote, growth was strong but…

Read more

Has the pound finished the downside move in the 1.19 area and is facing a multi-year trend shift ?

Is the Pound Dollar facing a multi-year trend change? A nightly level occurred in the United States when two other Republican senators announced they were withdrawing their support for Trump’s health reform, effectively eliminating the president’s chances of passing the reform he has promoted in recent months. For his ability to carry out other reforms such as tax reform or…

Read more