Gbp/Usd

Rose yesterday sterling against the US dollar after the release of the quarterly report of inflation by the Bank of England and a certificate of Carney in front of the Treasury Committee, which noted that taking on increasing reference short-term rates from historical levels low when the ratio of 0.50% at a later time next year 2016, and we would like is recalled BoE is closest to increase interest rates after the Federal Reserve which is expected to report an increase in interest rates later this year.

Today at 8:30 am GMT the market awaits the release of employment figures and where unemployment is expected to decline in jobless claims by 8900 through last month, while the forecast to the stability of the general unemployment rate of 5.5% without changing the contrast, is expected to rise in the average wage from 2.7% to 3.3% for the quarterly level

And on the other from the US economy side issued today promptly at 12:30 GMT PPI core and the expectations index suggests rising by 0.1% on monthly level and will accompany that the issuance of non-essential producer prices and the expectations index suggests rising 0.2% on the same level and also at the same time Empire State Manufacturing index and forecasts will be issued refers to the height of 2.0- to 3.4 At 13:15 the growth rate will be issued in the industrial production sector and is forecast to grow by 0.2% on monthly level and finally promptly at 14:00 will be the date with Ms. certificate Fed Governor Janet Yellen.

Pair of sterling against the dollar continue to make a positive trading and trying to overcome the resistance referred to him in the morning level at 1.5645, and requires price to close four hours initially above this level to confirm the restoration of the upside, with reference to the negative current Stochastic explain the reasons for the difficulty confirmation penetration yet.

pair- gbp/usd
time frame- m15

technical analysis-

http://i57.tinypic.com/2lji0bb.jpg

the up movement channel pattern has been break at the supporting trend line at the 1.5615 level. the macd divergen is also lower to low side. the price may moved to the support at 1.5530 level. short with take profit and stop loss at the 1.5640
good luck.

The report on inflation in the UK was greeted by massive orders of traders buying on this cross, suddenly causing prices to rise. Currently trading just crossed the support (which was therefore resistance) of 1.5625, but training the last two candles could reflect an imminent reversal of course that should encourage us to be vigilant. Conversely, if prices remain above this level, then it is possible that this is merely a break in the upward trend that could resume as early as Wednesday.

this pair is bullish in this week , Actually the GBP still one of the best currency in the market right now . The trend still bullish but its a little risky to say what's gonna going in the next days. personnaly i prefer to buy the GBP against (AUD+CAD+NZD) . this strategy is really profitbale at this moment.

Was unable pair of sterling against the dollar, breaking through the pivotal resistance level, which is now rising to 1.5660, trading to remain stuck between this resistance and 1.5360 support, and this is what makes us keep our neutrality to price confirms that following his destination more precisely.

We like buying call options on dips since the GBP/USD has shown a sign of bullish sentiment. Resistance is found at 1.5700/1.5750 and support at 1.5600/1.5550.http://store1.up-00.com/2015-07/1437015128811.png

Stochastic begins to provide a positive crossover now may contribute to pay the price to rise, with the reminder that the breach of 1.5660 will pay the price to achieve positive targets start at 1.5750 and extends to 1.5925, while a break 1.5360 negative factor will push the price to visit the level of 1.5188 initially.

Still pair of sterling against the dollar stuck between confirm the trend that is the support 1.5360 and resistance 1.5660, which keeps neutral for the list so far, pending a breakthrough levels mentioned.

Frame to four hours yesterday the pair failed to breach the highest resistance 1.5665 and bounced them down. Where I think the current drop target the falling trend line as well as the previously breached horizontal support at 1.5550 prices And who also meet with him in the same region upward trend line new old time small, and there the situation of access to these levels Landing may stop, but if it continues to fall and break it then we will see a drop tough for the pair.