Market Analysis: Focus is on BOE Deputy Governor Woods’ speech. A Hawkish tone regarding interest rates would be bullish for GBP, while a Dovish tone could trigger an immediate sell-off. Market participants are advised to wait for clarity before entering positions.
Technical Outlook: The pair is in a short-term sideway-up recovery, recently moving back above the EMA20. The price is approaching a key resistance at 44.07 with signs of slight exhaustion. A successful breakout could lead to 44.19, but watch for a reversal if momentum fades
Support Level (แนวรับ): 43.87 Target (เป้าหมาย): 44.19 Stop Loss (คัท): 43.86 – 43.85
Technical Outlook: The pair is in a short-term sideway-up recovery, recently moving back above the EMA20. The price is approaching a key resistance at 44.07 with signs of slight exhaustion. A successful breakout could lead to 44.19, but watch for a reversal if momentum fades
Support Level (แนวรับ): 43.87 Target (เป้าหมาย): 44.19 Stop Loss (คัท): 43.86 – 43.85
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.