Pound Sterling declines to 1.25s after BoE notes signs of inflation easing GBPUSD Technical Analysis Fundamental Analysis
meeting this now looks highly likely. A bearish close would open the way for more short-term downside, probably to support at the base of the rising channel/wedge, located at around 1.2475.
Decisive bearish breaks are characterized by long daily candles that break through key resistance levels in question and close near their highs or lows of the day . Alternatively, three consecutive candles that break through the level can also be decisive. Such insignia provide confirmation that the break is not a ‘false break’ or bull/bear trap. The Pound Sterling is the oldest currency in the world and the official currency of the United Kingdom.
A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Pound Sterling spikes to new year-to-date highs after US Inflation dataThe Pound Sterling (GBP) rallies sharply versus the US Dollar (USD) after the release of US Consumer Price Index (CPI) data for April on Wednesday. At
Consulte Mais informação »
Andrew Bailey speech: Bank of England press conference crucial for Pound Sterling directionAndrew Bailey, Governor of the Bank of England, will speak in a press conference 30 minutes after the BoE interest rate decision is released on Thursd
Consulte Mais informação »
GBP to ease again quickly if BoE does not meet expectations – CommerzbankEconomists at Commerzbank preview the Bank of England (BoE) meeting and its implications for the British Pound (GBP). Will the BoE meet market expecta
Consulte Mais informação »
BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’The Bank of England’s head of fintech recently claimed the “digital pound” would feature the highest standards for privacy; however, he also stated that “anonymity” was a policy problem for cryptocurrencies that “shouldn’t be allowed to continue.”
Consulte Mais informação »
BoE expected to hike the policy rate by 25 bps – UOBThe BoE is broadly seen raising its key interest rate by 25 bps at its event on May 11, suggests Economist at UOB Group Lee Sue Ann. Key Takeaways “Th
Consulte Mais informação »
BoE Preview: Three scenarios and their implications for GBP/USD – TDSEconomists at TD Securities discuss the Bank of England interest rate decision and its implications for the GBP/USD pair. Hawkish (10%) “The MPC hikes
Consulte Mais informação »