GBP/USD, H4 27 March 2024
The GBP/USD pair maintained its bearish trajectory following a brief technical rebound earlier in the week. This decline was primarily attributed to positive U.S. economic data, particularly the increase in Durable Goods Orders from-6.9% to 1.4% in February. However, the downward movement was somewhat tempered by a hawkish stance from the Bank of England's Mann, who indicated a more optimistic view on the UK's wage growth compared to the U.S. and EU.
GBP/USD continues to trade lower after a technical rebound. Suggesting that the bearish momentum is overwhelming.
Resistance level: 1.2710, 1.2770📉
Support level: 1.2530, 1.2440📈
The GBP/USD pair maintained its bearish trajectory following a brief technical rebound earlier in the week. This decline was primarily attributed to positive U.S. economic data, particularly the increase in Durable Goods Orders from-6.9% to 1.4% in February. However, the downward movement was somewhat tempered by a hawkish stance from the Bank of England's Mann, who indicated a more optimistic view on the UK's wage growth compared to the U.S. and EU.
GBP/USD continues to trade lower after a technical rebound. Suggesting that the bearish momentum is overwhelming.
Resistance level: 1.2710, 1.2770📉
Support level: 1.2530, 1.2440📈
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.