Mulai sekarang kamiialah Elev8

Kami lebih daripada sekadar broker. Kami adalah ekosistem dagangan serba ada—semua yang anda perlukan untuk menganalisis, berdagang, dan berkembang ada di satu tempat. Sedia untuk tingkatkan dagangan anda?

GBP/USD: bullish move stalled in Asia, trades below 1.44

FXStreet (Mumbai) - The bullish move in the GBP/USD pair witnessed in the NY session yesterday stalled and the pair fell below 1.44 levels in Asia today, but remains well above 1.4351 (23.6% of 1.5270-1.4079).

Eyes UK construction PMI

Investors await the UK construction PMI, which is expected to show the pace of construction sector growth remained largely unchanged in January. Today’s report will be followed by the service sector PMI release tomorrow.

Meanwhile, across the pond, the data calendar is light. Fed’s George is scheduled to speak and possible comments over the next move in rates could create some volatility in the markets.

GBP/USD Technical Levels

The spot is hovering around 1.4390. A break above the immediate resistance at 1.4445 (previous day’s high) would open doors for a rise to 1.4476 (strong resistance on the hourly chart), which if taken out could see the pair test 4516 (23.6% of 1.5930-1.4079). On the other hand, the pair could find immediate support at 1.4351 (23.6% of 1.5230-1.4079) could see the pair drop to 1.4324 (5-DMA). A break lower would expose 1.4292 (10-DMA).

RBA: Watching and waiting at 2% - TDS

Research Team at TDS, notes that the RBA left the cash rate at 2% as widely expected but revealed little for what’s in store with respect to the Bank’s GDP and CPI forecasts.
Baca lagi Previous

JPY: Near-term macro picture to remain weak – Nomura

Yujiro Goto, Research Analyst at Nomura, notes that inflation expectations among Japanese bond investors declined further in January, according to Nikkei Quick.
Baca lagi Next