Fundamental analyses: The U.S. Unemployment Data expected to be strong, so the U.S. Dollar index will go up for sure. Brexit, according to prime-minister, is also to be hard for performing and British Budget deficit plays a key role here, too. Moreover, future monetary policy easing by BoE must be taken into account. These are the fundamentals to follow and hold in mind while working with GBPUSD.
Technical Analyses :
RSI(14) = 26.64 (Sell)
STOCHRSI(14) = 12.146 (Oversold)
MACD(12,26) (Sell)
ADX(14) = 45.204 (Sell)
CCI(14) = -234.3612 (Oversold)
Bull/Bear Power(13) = -0.0120 (Sell)
Technical Analyses :
RSI(14) = 26.64 (Sell)
STOCHRSI(14) = 12.146 (Oversold)
MACD(12,26) (Sell)
ADX(14) = 45.204 (Sell)
CCI(14) = -234.3612 (Oversold)
Bull/Bear Power(13) = -0.0120 (Sell)
تعليق:
This week closes with dark candle, so I strongly recommend you not to hold GBPUSD for the weekend, since here's is a high probability that GBP will have a rebound even with US positive indicators on Friday. I mean this pair is oversold, actually.