Tag - gbp

Today the Bank of England will announce its statement at 15:00 MT time. Although it’s hard to imagine positive comments for the GBP, anything can happen.

The market is likely going to test the nearest resistance at 1.2725 - 1.2759. If a pullback from this area happens next...

The economic calendar is full of events: FOMC Statement, British and Canadian CPI, New Zealand GDP…

On the daily chart of GBP/USD, bulls try to push the pair back to the triangle's borders and the previous consolidation range between 1.27 and 1.33.

This week will bring us 3 central bank meetings. Let’s consider how they may turn out for market moves.

There's a 'V-Bottom', which has been confirmed, so the market is likely going to test the closest resistance at 1.2658 - 1.2695...

The market is likely going to reach the nearest resistance at 1.2634 - 1.2658. The subsequent pullback from this area...

Fed, BOJ, and BOE will meet this week to announce their interest rates.

Trade ideas on December 17-21

On W1, GBP/CHF formed a “hammer” candlestick at the support line from the 2016 lows.

Every year, Saxo Bank publishes a list of 'Black Swans' (highly improbable events that can have a dramatic impact in case they actually happen)…

If a pullback from the nearest support at 1.2588 happens next, there'll be time for another upward price movement...