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GBPUSD Technical analysis 09.08.17

GBPUSD

The pair is in a short term downtrend as the positive inflation data is expected to be released in the US. It's likely to continue downwards.

The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above 50% level and is reversing …

GBPUSD Technical analysis 08.08.17

GBPUSD

The pair is trading above 1.3020 level. The pair is under pressure against the backdrop of the falling expectations of the Bank of England raising the interest rates this year, and also of the possibly positive data on the US inflation that is to be released towards the end …

EURUSD Technical analysis 07.08.17

EURUSD

The pair is trading lower compared to last Friday's maximum levels amid the growing expectations that the resumed strong growth trend on employment market will provide support for the inflation after all and it will finally trigger the third interest rate raise this year by the Fed.

The price …

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