Forex crunch usd gbp
Date: 2017-05-11 18:47
More video on topic «Forex crunch usd gbp»
- GBP/USD Forecast May 1-5 – Forex Crunch
- A+ forex crunch usd gbp
- GBP/USD: Trading the UK Services PMI - FXStreet
- GBP/USD Forecast Feb. 20-24 – Forex Crunch
Well above expectations: Below : A contraction in jobless claims could lead to the pair breaking above two resistance lines.
GBP/USD Forecast May 1-5 – Forex Crunch
Well below expectations: Below : A reading pointing to significant contraction could push the pair below a second support level.
A+ forex crunch usd gbp
Strong US growth and a red-hot labor market prompted the Federal Reserve to finally raise rates in December. With the Trump presidency just a few weeks away, the markets are expecting US growth to continue. This could mean more rate hikes from the Federal Reserve which would boost the greenback. So, the overall sentiment is bearish on GBP/USD towards this release.
GBP/USD: Trading the UK Services PMI - FXStreet
Below expectations: to : A weak reading could push the GBP/USD downward, with one support level at risk.
GBP/USD Forecast Feb. 20-24 – Forex Crunch
Below expectations: to : A soft reading could push GBP/USD downwards and break one level of support.
The US economy has round into some turbulence, underscored by a weak GDP reading last week. Trump&rsquo s first 655 days have been rocky, so sentiment over the dollar could weaken.
UK Services PMI is based on a survey of purchasing managers in the services sector. Respondents are surveyed for their view of the economy and business conditions in the UK. A reading which is higher than the market forecast is bullish for the pound.
The indicator disappointed in October, as jobless rolls expanded by thousand, well above the estimate of thousand. The November estimate stands at thousand.
Well below expectations: Above : A significant rise in jobless claims could result in GBP/USD dropping below two support levels.
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