SignalSwiss
Long

GBPUSD: HARMONIC STRUCTURE IN DEVELOPMENT

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
2076 5 131
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GBPUSD: WAITING PRIME MINISTER ELECTION....

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Comment: The Bank of England's decision on interest rate cut will be published at 12:00 (BST) on Thursday July 14. The Bank of England is in the spotlight this week because the Monetary Policy Committee (MPC) meets for the first time since Brexit's vote. Since the pound collapsed against the dollar, the doubts about the British Economic Outlook weigh on market sentiment. Governor Mark Carney has suggested that the MPC will announce a new lightening, but there is no certainty about the outcome of the meeting. The Bank will cut rates, will propose new quantitative easing or won't do anything? The decision could have a big effect on the markets, especially on the currency pairs that include the pound and on European equities.
Comment:
snapshot
Comment:
GBPUSD: DAILY MONITOR
Trade closed: target reached:
snapshot
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little bit to optimistic... on long term? YES! full agree. But in the next weeks: take a look @DXY
DXY Dollar Index Long to 97,60 Area: with option to 99,xx
Reply
m4riovolp3 PRO m4riovolp3
The more power the dollar gets, the lower must GBP vs USD go.
Certainly there are speculative reasons, too. In the background and at the moment.
Therefore the differences compared to "EUR and JPY" vs. "USD", just to name a few.
But IMO, GBPUSD should confirm the level area of 1,31 (+/- 20-pips). Before it continues his rocket trajectory to the orbit.
What do you think about that?
Reply
m4riovolp3 PRO m4riovolp3
1,31 was a bullseye :D
Reply
I am new in this market need to learn a lot and need a lot of supports from every where. Anyways just asking what do u mean by target ! and target 2? does it means selling point 1 and selling point 2? if yes which point I can buy?
Thanks
Reply
Target reached. And now?
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