Smaller housing equity withdrawals in UK bullish for GBPUSD
Ringkasan Analisis Teknikal GBP/USD: Buy
| Penunjuk | Nilai | Isyarat |
| RSI | berkecuali | |
| MACD | Buy | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
Analisis carta
On 1-hour timeframe GBPUSD: H1 is edging higher above the 200-period moving average MA(200) which is rising. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 1.2329. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 1.2218. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Analisis Asas bagi -
Housing equity withdrawals slowed in Britain. Will the GBPUSD rise?
Housing equity withdrawals decline slowed in Britain in last quarter of 2019: withdrawals declined to 5.1 billion Pounds after 6.0 billion Pound withdrawals in previous three months, when a 6.2 billion drop was forecast. This is bullish for GBPUSD.