The GBP/USD pair is demonstrating a back-and-forth action below 1.2350 in the early Asian session. The Cable has turned sideways after a bumper rally
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By Peter Nurse Investing.com - The U.S. dollar drifted lower in early European trade Tuesday as returning confidence in the global banking sector weakened demand for this safe...
GBP/USD extends pullback from an eight-week high while printing mild losses near 1.2330 during early Wednesday. In doing so, the Cable pair prints the
GBPUSD increased to a 7-week high of 1.2349, a key area of resistance as the following charts will illustrate. GBP/USD weekly charts The inverse head
Bailey warned the BOE would focus on battling inflation despite banking stress. Bailey stressed that British banks remained strong and could sustain the country’s economy....
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Sell | Neutral | Strong Buy | Sell |
| Technical Indicators | Strong Sell | Strong Sell | Sell | Strong Buy | Sell |
| Summary | Strong Sell | Strong Sell | Neutral | Strong Buy | Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Doji Star Bearish | 1M | 3 | Dec 22 | ||
| Three Inside Up | 1M | 4 | Nov 22 | ||
| Doji Star Bullish | 1W | 7 | Feb 05, 2023 | ||
| Doji Star Bullish | 1M | 8 | Jul 22 | ||
| Dragon Fly Doji | 1M | 8 | Jul 22 | ||
Bank of England(BOE) | ||
| Current Rate | 4.25% | |
| Chairman | Andrew Bailey |
Federal Reserve(FED) | ||
| Current Rate | 5.00% | |
| Chairman | Jerome H. Powell |