The British pound marches firmly during the last week’s trading day, some 0.45% after the Commerce Department reported that the Fed’s preferred inflat
The US dollar’s retracement from two-decade highs alongside a positive shift in risk sentiment emerged as the key catalysts that helped GBP/USD extend
GBPUSD trades above and below the 50% midpointThe GBPUSD moved up to test the 50% of the move down from the April 21 high yesterday, and broke above that level at 1.2622 early in...
Back-to-back weekly gains for GBP/USD as the shockingly soft (vs expectations) Services PMI release had been countered by UK Chancellor Sunak’s support package for the cost of...
The GBP/USD pair is sensing a mild selling pressure near 1.2660 after a vertical upside move in the Asian session. The cable has remained in the grip
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Neutral | Buy | Buy | Neutral | Strong Sell |
| Technical Indicators | Buy | Strong Buy | Buy | Strong Buy | Strong Sell |
| Summary | Neutral | Strong Buy | Buy | Buy | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Three Outside Up | 1W | Current | |||
| Dragon Fly Doji | 1M | Current | |||
| Hammer Bullish | 1M | Current | |||
| Harami Bullish | 1M | Current | |||
| Completed Patterns | |||||
| Engulfing Bullish | 1W | 1 | May 15, 2022 | ||
| Three Outside Down Bearish | 1H | 5 | May 27, 2022 16:00 | ||
| Engulfing Bearish | 1H | 6 | May 27, 2022 15:00 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Mon, 30 May 2022 | ||||||
| 06:30 | GBP | 43.60% | ||||
| 06:30 | USD | 54.90% | ||||
| 06:30 | USD | 57.10% | ||||
| 14:00 | USD | 1.06% | ||||
| 16:00 | USD | |||||
Bank of England(BOE) | ||
| Current Rate | 1.00% | |
| Governor | Andrew Bailey |
Federal Reserve(FED) | ||
| Current Rate | 1.00% | |
| Governor | Jerome H. Powell |