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GBPUSD Technical analysis 11.10.17

GBPUSD

The pair has recovered as the USD is weakened because of profit taking before this Friday's release of important consumer inflation data in the US. Technically, the pair corrected quite well after the drop and may resume falling if the US data doesn't disappoint.

The price is above the …

GBPUSD Technical analysis 10.10.17

GBPUSD

The pair is recovering and correcting before the release of important inflation data in the US in the end of this week. If the consumer inflation and industrial inflation figures don't disappoint, and retail sales figures grow, the price is likely to start falling again.

The price is above …

GBPUSD Technical analysis 09.10.17

GBPUSD

The pair remains in the short-term downtrend because of the drop in expectations of the Bank of England raising the interest rates, and also the threat of a government crisis in the UK following the unclear prospects in the aftermath of Brexit.

The price is below the middle Bollinger …

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