GBP/USD Latest State
Apr 23, 2017 at 06:54
570 Tampilan
10 Replies
Anggota Sejak Apr 03, 2017
8 pos
May 03, 2017 at 14:57
Going short looks good right now
Anggota Sejak May 09, 2017
33 pos
May 26, 2017 at 06:14
GBP/USD was the top loser in Asia as the FX desks offered GBP across the board in response to weak UK Q1 GDP print and growing signs of UK PM May’s Conservative party losing ground ahead of the June 8 elections.
The demand for the US dollar spiked as well as the CME FedWatch June rate hike probability jumped to 87.7%.
Despite the retreat to 1.2870 in Asia, the broader uptrend is still intact, given the pair is trading above 1.2810 (support offered by the trend line sloping upwards from the March low and April low). The 11-week rally could come to an end if the US data due later today beats estimates.
Reference: https://forexdaytips.blogspot.com/2017/05/11-week-rally-ended-in-gbpusd.html
The demand for the US dollar spiked as well as the CME FedWatch June rate hike probability jumped to 87.7%.
Despite the retreat to 1.2870 in Asia, the broader uptrend is still intact, given the pair is trading above 1.2810 (support offered by the trend line sloping upwards from the March low and April low). The 11-week rally could come to an end if the US data due later today beats estimates.
Reference: https://forexdaytips.blogspot.com/2017/05/11-week-rally-ended-in-gbpusd.html
Anggota Sejak Aug 17, 2021
94 pos
Nov 13, 2021 at 08:09
GBP/USD drops notably today but it's still defending 1.3646 support. Intraday bias remains neutral first. On the upside, above 1.3833 will resume the rebound from 1.3410 to 1.3912 key structural resistance.
Anggota Sejak Apr 09, 2019
538 pos
Mar 18, 2022 at 10:11
The bump in interest rates by the BoE will strengthen the GBP at least short term.
If you can't spot the liquidity then you are the liquidity.
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