Trading plan for February 7
Watch the analysis of the GBP/USD ahead of the BOE monetary policy statement
Tag - gbp
Will the Bank of England make the GBP stronger?
The Bank of England will release its monetary policy summary on February 7 at 14:00 MT time.
GBP/USD: 'Double Top' pushing the price lower
The main intraday target is the next support at 1.2910 - 1.2854. If a pullback from this area happens next, there'll be a moment for...
GBP/JPY may go lower
GBP/JPY will remain under negative pressure as long as it’s trading below the weekly pivot point at 143.30.
Evergreen buck surges
On Tuesday, the evergreen buck rallied a bit versus its counterparts backed by an abrupt dive in the UK currency on Brexit fears as well as data disclosing a dive in the British services sector…
Lending to UK customers rallies at its slowest tempo for four years
In December, lending to UK customers tacked on at its slowest tempo for four years…
GBP/USD: no any bullish pattern so far
The price is likely going to reach the 89 Moving Average in the coming hours. The subsequent pullback from this line...
5 important things this week will bring us
This week is highlighted by the rate decisions by the Bank of England and the Reserve Bank of Australia. What else will happen in the market?
Trading plan for February 4
- Today, Theresa May will meet with an Alternative Arrangements group…
GBP/USD: 34 Moving Average acted as support
It's likely that the pair is going to test the next support at 1.3011. The subsequent pullback from this line could be...
Weekly Market Outlook: February 4-8
Let’s consider the most important events for the upcoming days.
GBP/USD: pair to test the next resistance
The market is consolidating between the levels 1.3072 - 1.3174. Also, there's a 'Double Bottom' pattern, which has been confirmed...
