GBPUSD Insight
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points:
- Eurozone's final September CPI shows a 1.7% increase, slowing from the previous month.
- ECB cuts its three key interest rates by 25bps each during its monetary policy meeting.
- Bank of England is expected to cut rates by 25bps.
- U.S. Federal Reserve projected to lower rates by 25bps in both November and December.
- U.S. weekly initial jobless claims recorded 241,000, a decrease compared to the previous week.
- U.S. September retail sales rose 0.4%, exceeding both the previous month and forecasts.
Economic Indicators:
- October 24: U.S. October Manufacturing PMI and Services PMI.
GBP/USD is facing resistance around the 1.34000 level and is currently testing direction again near the 1.30000 level. If it rebounds from this range, it could rise to the 1.38000 level. However, if it breaks through the support, a decline to the 1.26000 level is expected. Given the current uptrend, there is a high chance of maintaining the lower levels, and should it break the 1.30000 level, a rebound from the bottom is anticipated.
If unexpected movements occur, I will adjust the strategy swiftly.
Key Points:
- Eurozone's final September CPI shows a 1.7% increase, slowing from the previous month.
- ECB cuts its three key interest rates by 25bps each during its monetary policy meeting.
- Bank of England is expected to cut rates by 25bps.
- U.S. Federal Reserve projected to lower rates by 25bps in both November and December.
- U.S. weekly initial jobless claims recorded 241,000, a decrease compared to the previous week.
- U.S. September retail sales rose 0.4%, exceeding both the previous month and forecasts.
Economic Indicators:
- October 24: U.S. October Manufacturing PMI and Services PMI.
GBP/USD is facing resistance around the 1.34000 level and is currently testing direction again near the 1.30000 level. If it rebounds from this range, it could rise to the 1.38000 level. However, if it breaks through the support, a decline to the 1.26000 level is expected. Given the current uptrend, there is a high chance of maintaining the lower levels, and should it break the 1.30000 level, a rebound from the bottom is anticipated.
If unexpected movements occur, I will adjust the strategy swiftly.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.