GBP/USD Technical Analysis

A bullish trend.

Technical Analysis
22. 3. 2018
GBP/USD Technical Analysis

The dollar began to decline after yesterday's press conference of Jerome Powell. The raising of the interest rate by 25 basis points and the publication of strong data on the real estate market took place before. Despite expectations, the dollar was sold by investors.

Good labor market data came out yesterday in the UK, and retail sales indices will be published today. The decision on the interest rate was also published. It is expected that the Bank of England will leave it at the current level and the rate will be 0.5%.

Given the current trend and the forecasted data, we look forward to the further growth of the pair and will look for points to enter long positions. Our pair has overcome the mark of 1.4130 and our next goals will be the achievements by the price of the marks 1.4260 and 1.4310.

SuperForex
USD/JPY Technical Outlook & Daily Chart

Technical Analysis

USD/JPY Technical Outlook & Daily Chart

More bearishness is expected in this pair, as the yen continues to overtake the weakened dollar.

SuperForex
22. 3. 2018
GOLD (XAU/USD): Short Review and Forecast

Technical Analysis

GOLD (XAU/USD): Short Review and Forecast

The FED is likely to change the rate today. So the deals to SELL seem most effective at the moment.

SuperForex
21. 3. 2018
EUR/GBP Technical Analysis & Daily Chart

Technical Analysis

EUR/GBP Technical Analysis & Daily Chart

We expect the bearish trend to continue.

SuperForex
20. 3. 2018