Get started

Gbpusdshort

Hello guys this analys is GBPUSD read this analysToday High Impact News of USD is at 6.00 PM. According to the news, the forecast is 0.8%, if the actual rate comes to 0.9% then USD will be better and our pair is GBPUSD and GBP tomorrow market has come on monthly support due to fall. If the actual price is 0.9% or more, then GBPUSD will go down in a heavy margin and if the work is more than 0.8% then it will go above the monthly support, then I tell you that you should not trend today, do not take the risk of news. There is no belief that it can be good and it can also be bad. trade on for own risk thanks
by TAJMAHALFOREX
GBPUSD short side analysis by tecnical and fundamentalsFUNDAMENTAL BIAS: NEUTRAL 1. Monetary Policy In March the BoE hiked rates by 25bsp as expected but delivered a bearish hike with BOE's Cunliffe dissenting by voting to leave rates unchanged. This was a stark change from February where 4 members voted for a 50bsp hike. Cunliffe noted the negative impacts of higher commodity prices on real household incomes and economic activity as the main reason for his dissention, while remaining members thought a 25bsp hike was appropriate given the tight labour market and risks of second round effects. Even though inflation forecasts were upgraded to 8% in Q2 (previous 7.25%), the negative view that GDP was expected to slow to subdued rates showed growing concern of stagflation. The most bearish element of the statement was a change in language regarding incoming rates where the bank said they judge that some further modest tightening MIGHT be appropriate where previous guidance The S&P Global/CIPS UK Manufacturing PMI was revised slightly lower to 55.2 in March of 2022 from a preliminary of 55.5, pointing to the lowest growth in factory activity since February of 2021. Output and new orders both expanded at reduced rates, while new export business contracted for the second successive month. Manufacturers indicated that ongoing supply shortages, greater caution among clients, escalating inflationary pressures and geopolitical tensions had all hampered the upturn. There were also slower upturns in both stocks of purchases and employment and a lessening in the extent to which average supplier lead times were lengthening. At the same time, input prices rose for the twenty-eighth consecutive month, with the rate of increase hitting a three-month high. Finally, business confidence fell to a 14-month low amid concerns about rising geopolitical tensions, inflationary pressures and labour shortages
Short
by satyendrasatya48
1
GBPUSD | Good Sell opportunityIf you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofwizard