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for GBP USD movement will go down in fibo -61.8 / at the price of 1.4443 yesterday after a few days up and hold up at the highest level 1.4668 or 432 points from the opening of the market, and today there is great news and that NFP is highly advantageous
GBPUSD: consolidation in the range of 1.4529-1.4668
GBPUSD
Feb. 5, 2016, 11:04
Buy on rebound from 1.4529 level with 1.4668 target. Stop loss = 1.4479.
Reason for the trading strategy
All the nine members of the Bank of England Monetary Policy Committee decided to keep the key interest rate and the asset purchase program unchanged. The Bank of England lowered its forecast for GDP growth in 2016 to 2.2%, against the forecast for November of 2.5%, and from 2.7% to 2.4% for 2017. According to his estimates, the next change in the policy will be a rate hike, which may occur in the middle of 2017. The news has had little pressure on the GBPUSD pair against the background of the weak dollar.
GBPUSD, H1
https://www.exness.com/media/media/2.../05/gbpusd.png
Judging by the dynamics of the bond markets, sales for the Pound are not expected. The mixed news background does not allow to determine the right direction for today. The probable scenario today - work based on the flat with the borders 1.4310 -1.4430.
http://s014.radikal.ru/i328/1602/93/1f2e7c0dc3be.png
GBPUSD
Support: 1.4351
resistance: 1.4448
in h1 timeframe has been established down trend. but if it does not penetrate the support it will again take place trend up. then Behati heart at the level of support and resistance. do buy at support and to put a stop loss.
On the last day of the trading week, I certainly did not dare to open a foreign currency transaction, even with the prospect of a rather large increase in prices. I'll analyze and parse the situation, since the new week
https://charts.mql5.com/10/143/gbpus...apital-ltd.png
https://charts.mql5.com/10/146/gbpus...orex-group.png
the daily candlestick closure above 1.4430 hinders further bullish trend and enhances the bearish side of the market toward 1.4490. according to the daily time frame, GBP/USD pair is enhancing the bullish side of the market.
moving average and bollinger bands are also representing a strong bearish trend of the market but parabolic SAR is showing a little bit bullish trend of the market.
Sell: 1.4430, take profit 1.4390, stop loss 1.4460.
Oscillates pair of sterling against the dollar around the 50 SMA since morning, while losing stochastic intention positive ****ually to support the rebound opportunities down and resume the bearish slant again, where we still expect that the price of trading witnessing negative during the coming period, and aimed at testing 1.4230 initially .
http://i.imgur.com/kVPafeP.png
https://charts.mql5.com/10/158/gbpus...orex-group.png
the daily candlestick cloure below 1.4470 hinders further bearish trend and enhances the bullish side of the market toward 1.4510. according to the daily time frame, GBP/USD pair is enhancing the bullish side of the market.
moving average and bollinger bands are also representing a strong bullish trend of the market.
the RSI of last 7 days was shuffling but the RSI now is diverting into buying area. we can observe bullish trend of the market today because selling looks risky.
Buy: 1.4470, take profit 1.4510, stop loss 1.4440.
New Zealand dollar against the US dollar shows a rising tendency since this morning, just shy of our goal first major, which resides at 0.6715, with a reminder that we need to break through this level to confirm open the way towards 0.6860.
Therefore, we will retain our outlook upward trend that get continuous support from the SMA 50, which we have not seen a clear breach and stability with daily closing below 0.6555.
http://i.imgur.com/56bWrws.png
The pound slips to the 1.4445 level
GBPUSD
Feb. 11, 2016, 11:07
Buy on rebound from 1.4445 level with 1.4577 target. Stop loss = 1.4395.
Reason for the trading strategy
In December, the volume of industrial production in the UK fell by 1.1% (m/m) with a forecast of a 0.1% (m/m) decline. The news, which was worse than expected, led to a fixing of long positions in the pound. Furthermore, the continuing sell-offs in the global stock markets force investors to turn towards the defensive assets and towards the dollar, the yen, the euro and the franc as funding currencies.
GBPUSD, H1
http://cs633519.vk.me/v633519145/1271f/7I-4rJeBBgQ.jpg