The GBP/USD price dropped slightly as an eventful quarter comes to a close and as UK\u2019s inflation expectations dropped.
Set a buy-stop at 1.2250 and a take-profit at 1.2350.The GBP/USD price dropped slightly as an eventful quarter comes to a close and as UK’s inflation expectations dropped. The pair dropped to the psychological level of 1.2200, the lowest price since Tuesday last week.The GBP/USD pair rose to a multi-month high last week after the UK published strong consumer inflation data. These numbers showed that the headline consumer inflation resumed its upward trend in February as it rose to 10.
The other important data that came out last week was the latest UK retail sales numbers. The numbers showed that retail sales jumped in February as consumer confidence rose. According to the Office of National Statistics , sales jumped by 1.25 on a month-on-month basis, higher than the analysts forecasts of 0.5%.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
AUD/USD Price Analysis: Rising wedge confirmation teases bears below 0.6680 previous supportAUD/USD Price Analysis: Rising wedge confirmation teases bears below 0.6680 previous support AUDUSD Technical Analysis SwingTrading ChartPatterns SupportResistance
Consulte Mais informação »
GBP/USD Price Analysis: Extends bounce off 200-HMA to pierce immediate hurdle above 1.2200GBP/USD Price Analysis: Extends bounce off 200-HMA to pierce immediate hurdle above 1.2200 GBPUSD Technical Analysis ChartPatterns SwingTrading SupportResistance
Consulte Mais informação »
Pairs in Focus This Week \u2013 EUR/USD, Gold, GBP/USD, USD/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of March 26th, 2022 here.
Consulte Mais informação »
GBP/USD: Weekly Forecast 26th March - 1st AprilThe GBPUSD turned in a choppy week of results as trading within the currency pair reflected the nervous behavioral sentiment being generated in the broad marketplace- trading forextrading
Consulte Mais informação »
GBP/USD bulls poke 1.2250 with eyes on BoE’s Bailey, Fed’s preferred inflation gaugeGBP/USD begins the week on a positive footing, renewing its intraday high near 1.2250 while extending the previous two-week uptrend, as fears of US re
Consulte Mais informação »
GBP/USD surrenders gains as US promises expansion of financial support to mid-size banksGBP/USD surrendered gains as US promises expansion of financial support to mid-size banks – by Sagar_Dua24 GBPUSD Fed BOE Inflation DollarIndex
Consulte Mais informação »