GBP/USD broke out to fresh weekly lows on Friday and has continued to press lower as the US trading session has gotten underway, with sterling succumb
Fear has finally arrived – inflation, aggressive policy from the Fed, China's slowing economy and Russia's potential military action. Everything suppo
GBPUSD tests lower swing area and 100 day moving averageRecall from last week in the GBPUSD, pair moved above its 200 day moving average for the first time since September 2021,...
Recent changes in sentiment warn that the current GBP/USD price trend may soon reverse lower despite the fact traders remain net-short.
The GBP/USD pair continued losing ground through the mid-European session and dropped to a near two-week low, around the 1.3555 region in the last hou
Sterling's strong start to 2022 found further support from higher inflation figures than the market had been expecting. Economists expect additional hikes in inflation.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Sell | Strong Sell | Strong Sell | Sell | Sell |
| Technical Indicators | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Neutral |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Doji Star Bullish | 1M | 29 | Aug 19 | ||
| Falling Three Methods | 1D | 52 | Nov 10, 2021 | ||
| Abandoned Baby Bullish | 1D | 54 | Nov 08, 2021 | ||
| Morning Doji Star | 1D | 54 | Nov 08, 2021 | ||
| Doji Star Bullish | 1D | 55 | Nov 05, 2021 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Mon, 24 January 2022 | ||||||
| 20:00 | GBP | 53.60 | ||||
| 20:00 | GBP | 57.90 | ||||
| 20:00 | GBP | 53.60 | ||||
Bank of England(BOE) | ||
| Current Rate | 0.25% | |
| Chairman | Andrew Bailey |
Federal Reserve(FED) | ||
| Current Rate | 0.00%-0.25% | |
| Chairman | Jerome H. Powell |
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