because 100 Daily moving average（0.8635）Hold on, familiar obstacles continue to limit the euro/The upward potential of the pound. The European Central Bank and the Bank of England follow the script and maintain a cautious attitude towards market rate cutsEZ And the UK Purchasing Managers Index (PMI) The preview version will provide clearer signals of recent directions, and a slowdown in inflation progress should lead to ...
Beijing Time 10pm The pound rose before the risk of the Bank of England event 1.27371.2737yes12month4The highest level of pounds in recent days/The US dollar is supported by a dovish shift - a serious blow to the US dollar!
The daily bearish continuation pattern has existed for too long, and oversold power readings have increased the risk of rebound. The recent high point has provided a basis for 10 Daily moving average 0.8594 Supported initial resistance level0.8765-0.8554The minimum correction level for the decline is0.8606The quotation is 0.8625If the bullish signal strengthens today, the strategy will be modified ...
Before the release of the US employment report, Beijing time16:50 The pound fell to 1.25631.2563It's the low point since Thursday, and Wednesday's high point is located at1.2614Non farm employment data exceeding expectations may boost the US dollar, while lower than expectations may put pressure on the US dollar1.2546(Thursday low) and1.2527（11month24Daily low point) ...
pound/The US dollar resumed its decline after Thursday's adjustment and fell below10Daily moving average1.2633The daily momentum reading below reflects the bearish sentiment of the market on a daily basisRSI Currently in a neutral position, detached from the overbought area earlier this week1.2313-17 Cloud distortion and bearish competition for Fibonacci pullback 1.2039-1.2733 of 38.2% by 1. ...
Analysis and key points of the pound: UK housing prices provide support for the struggling pound. The number of initial jobless claims in the United States lays the foundation for tomorrow's non-farm employment report. pound/The US dollar hesitated before the release of key US data. The fundamental background of GBP/USD is that GBP is still sluggish, but after an unexpected month on month increase in housing prices, today ...
-0.05%, located in 1.2554-1.2563 At the bottom of the range,D3 The trading volume is good, and there is no important data in the UK. Therefore, risk appetite and the lead of the US dollar over the pound are expected to fluctuate in the US non farm employment data on Friday; As momentum research declines,10 Rihe 21 Daily moving average climbing21 Tianbulin Line Contract ...
pound/It is difficult for the US dollar to stabilize in the negative range after closing in the first two trading days of this week 1.2600 Above. althoughADPThe employment change data is weaker than expected, but the US dollar remains relatively resilient despite cautious market attitudes. Technical Overview GBP/Last dollar 4 Hour candle collection 20 Cycle and 50 Simple cycle ...
pound - pound/USD and EUR/GBP analysis and charts: The European Central Bank may cut interest rates next year150One basis point. US Employment Report Next Pound/The driving factor of the US dollar. The interest rates in the Eurozone and the United States are expected to significantly decrease next year, as inflation in these two economies appears to be further decreasing. The current market expectations are significant ...
GBP Prices, Charts and Analysis: Due to rising demand for safe haven, the US dollar is being bought, while GBP/The US dollar has fallen. US data and the US dollar index may be key factors determining the direction of GBP/USD this week. GBP/USD continues to decline 1.2600 The checkpoint is hovering, the technical aspects are uneven, and the strong US dollar is suppressing the pound. Starting this week ...
GBP: GBP/The US dollar chart and analysis currently anticipate US interest rates as5 Monthly interest rate reduction25 Basis points,2024 Annual total interest rate reduction 125 One basis point. United StatesGDPInflation data will be the main driving force for short-term momentum. According to the latest CME Market probability, the United States may end next year 5 The interest rate will be lowered starting from the beginning of the month, and it has been included in the current calculation ...
GBP Prices, Charts and Analysis: GBP/The US dollar may experience a pullback, but it may drive price trends. Euro/The pound wedge breakthrough should be retested 0.8600 Gateway. pound/The Australian dollar still maintains range fluctuations. The intraday opportunity still exists. Outlook for GBP: GBP and GBP have started the week with mixed fortunes, with ups and downs ...
pound/US dollar analysis and charts. Bank of England Governor Bailey has issued a warning on inflation and economic growth in the UK. Due to the postponement of interest rate cuts, the pound remains supported. Bank of England Governor Andrew Bailey (Andrew Bailey) Today's warning is to bring inflation back to its target (2%) It will be difficult and time-consuming, and ...
The market still faces risks, with a series of US stock markets reaching new highs in several months.VIX The most recent time the "fear indicator" was in 2020 The low point at the beginning of the year, compared to 10 The peak at the end of the month fell by more than 46%. The feeling of interest rates peaking around the world is becoming increasingly strong, which exacerbates people's positive feelings. It is expected that 2024 Season 2 of the year ...
