Sforex
Short

Sterling: BOE Meeting is the main focus.More pressure on Cable.

FX:GBPUSD   British Pound / U.S. Dollar
174 0 6
Recent two weeks, we see a strong correction of GBPUSD             from the year low 1.3835 to 1.4400. The main reason is market sells Dollar for many reasons.

This week, BOE Meeting is a risk event. Very important for Cable.

We saw last week ECB opened the fire with many measures to increase easing, and BOE is under strong pressure to follow ECB to accommodate monetary policy .

I keep bearish view for GBPUSD             and see 1.4400 is the final level it can reach.

Look at on the chart, Kumo cloud and EMA50 sharp a ceiling for GBPUSD             . A strong resistance here.

I expect GBPUSD             fell to 1.4080 this week.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out