Sforex
Short

Sterling: I see Eurozone problems begin to spread to UK

FX:GBPUSD   British Pound/U.S. Dollar
185 0 3
Last week, UK Retail Sales and CPI             missed the forecast, I see Eurozone problems begin to spread to UK.

The brightest spot of UK is consumer spending, but it seems lost momentum when Retail Sales slumped from 5.9% to 3%

A surrender white flag I draw on the chart show that Sterling cut its rally at SMA50 and SMA200 + Kumo cloud.

This week, like EURUSD             , I support more downtrend of GBPUSD             to 1.5030
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out