GBP/USD cross up 1.30 price level, technical analysis forecast update So many words were written here about the GBP/USD – What will happen to the Pound after Brexit? GBP/USD has cleared resistance the 1.3000 level today, reaching the level since late September 2016 due to good data: UK Retail Sales volume surged 2.3% in April, compared to the consensus forecast for an…
Will the GBP USD find its price above 1.30 Today Will post some major economic data on England BOE Inflation ReportMPC Official Bank Rate VotesMonetary Policy Summary Sterling faces a key test on Thursday as the Bank of England meets to decide monetary policy for the first time since inflation jumped above the target level. GBPUSD is hovering around a…
What is the next step for GBP/USD price? K PM Theresa May is out on the wires now, via Reuters, issuing a scheduled statement at the press conference in Downing Street. Key Headlines: Election to be held 8th June, Britain is leaving EU and there can be no turning back, other parties oppose the government’s Brexit approach The announcement was…
pound sterling analysis after Brexit Brexit – countdown to the UK’s historic EU breakaway will begin on Wednesday March 29, 2017, Theresa May informed the European council that she will trigger article 50 on Wednesday 29 March. Reasons Brexıt was listed on the board of GBPUSD It is impossible for Britain to leave the EU until Article 50 is triggered…
GBP/USD Technıcal Analysıs GBP/USD had a historic day yesterday nonetheless, surging 2.9%, its largest 1-day gain since 2008 The all story since the Brexit and even before noted here. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support. For the big moves the exceptions was written . …
Is the rally began, the pound-dollar exchange rate GBP/USD rallied on news that the UK Government is unable to trigger Article 50 of the Lisbon Treaty without the approval of Parliament.if the activists win their case then there is a good chance the Pound would rally as markets tend to be aligned in a pro-EU mannerHowever, such A rally…
GBP/USD Reached To Bottom Or Its … The story was here since the beginning “Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In the bigger picture, the down trend is still in progress”.GBP/USD remains in sideway consolidation,Still,…
GBP/USD The Never Ending Story ,Or….. Well for all my readers its was written on my wall ,now after “Fat Finger” on the gbpusd tonight ,im going out from my short position The all story since the brexit and even before noted here before. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support.for the…
GBP/USD Heading For New Lows Or….. GBP/USD fall from 1.3444 extended last week and initial bias is on the downside for 1.2865 support. As noted here before. Break of 1.2750 the last low will confirm this bearish case and would target next projection level at 1.23-1.24. On the upside, above 1.3170 minor resistance will possibly extend the consolidation pattern ,In…