After having reached the highest point in a month there is a chance that GBP/USD is going to see the extension of the plunge that the couple started taking yesterday. Both of the currencies are expecting major reports which are most likely to change the performance of the couple. For USD we are waiting for the Core Durable Goods Orders Report which is a leading indicator of production level. Basically the more the demand is, the more the production is. And the higher the level of production of the country, the better the economy and the people of the country are doing.
For GBP it is inflation hearing that we are anticipating. And there is no guarantee that we are going to see a good vote on that. Basically these hearings are aimed at BOE members deciding where to land the key interest rates of the national currency. It is also said that their decisions can be a subtle clue towards the future of the currency and the monetary policies.
And so these two can rapidly change GBP/USD performance through the day. Right now as was already said GBP/USD is seeing a decline all on its own so it is possible that that bad news from Great Britain and good report from the USA are going to seal the fall for pound.
But these are only thoughts. In order to be sure use trading signals through the day.
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
더 오래된 의견은 없습니다. 소파를 가장 먼저 잡으십시오.