29.03.201715:46 Forex Analysis & Reviews: GBP/USD fundamental analysis for March 29, 2017

Análisis a largo plazo

Esta información se proporciona a clientes minoristas y profesionales como parte de comunicación de marketing. No contiene y no debe interpretarse como asesoramiento o recomendación de inversión o una oferta o solicitud para participar en cualquier transacción o estrategia en instrumentos financieros. El desempeño pasado no garantiza o predice el desempeño futuro. Instant Trading EU Ltd. no asume ninguna representación ni responsabilidad sobre la precisión o integridad de la información proporcionada, o cualquier pérdida que surja de cualquier inversión basada en el análisis, pronóstico u otra información proporcionada por un empleado de la Compañía o de otra manera. El descargo de responsabilidad completo está disponible aquí.

GBP/USD showed a false break above 1.2550 with an impulsive selling on Monday. After the Friday when the market remained above the resistance level of 1.2550 with a daily close, the bulls were ready to attack from the retest but sellers took out the level by storm. Today GBP had Net Lending to individuals report which was equal to the forecast of 4.9B but M4 Money Supply which was forecasted to be at 0.5% was published with a negative figure -0.3% as well as the Mortgage Approvals were also negative at 68K which was forecasted to be at 70K at least. On the other hand, FOMC Member Evans is currently speaking about the interest rates decisions today which look quite positive for the currency. Additionally, US Pending Home Sales report is going to be published today which previously was at -2.8%. Today it is forecasted to be positive at 2.3% and along with this high-impact event Crude Oil Inventories is going to be published today which previously was at 5.0M but today it is forecasted a bit less at 1.2M. Overall, as the USD news gets published we might see a good amount of volatility in the market and it is expected that USD is going to be stronger after the reports.

Now let us look at the technical view, the price is currently at the support area of 1.2350-1.2420. As the USD events unfold, if we see the price closing below the lower support of 1.2350 with a daily close below it then we will be looking forward to sell with a target towards 1.22. On the other hand, if the price rejects from the support area and closes above the upper support level of 1.2420 with a bullish daily close we will be looking forward to buy with a target of 1.25 resistance.

Volver a la lista

Abra una cuenta de operaciones

¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.