Technical Analysis – 05th February, 2015

February 5, 2015

Thursday 05, February 2015


Intraday Support & Resistance Levels

Intraday 5 Feb 2015 | Vantage FX


Technical Indicator Signals

Technical Indicators 05 Feb 2015 | Vantage FX


Currency Pair Spotlight

<img src=

GBPUSD: GBPUSD: The February PMIs of the UK were all higher than expected, increasing the speculation on the BOE’s rate hike. At least, we can see no signs of the BOE shifting its monetary policy to easing like its counterparties – which I personally see is a good reason enough to be bullish on sterling from a fundamental aspect. We also can see a potential head-and-shoulders bottom on the daily chart, implying the rally of the Pound is forthcoming.

For a full market wrap up, see Anthony’s Daily Forex Market Report.


Today’s Key Economic Calendar Events

Econ Calendar 05Feb 2015 | Vantage FX Forex

For the full week’s outlook of events, please see our Economic Calendar


Risk Disclosure: In addition to the website disclaimer below, the material on this page prepared by MXT Global Pty Ltd, does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. The research contained in this report should not be construed as a solicitation to trade. All opinions, news, research, analyses, prices or other information is provided as general market commentary and marketing communication – not as investment advice. Consequently any person acting on it does so entirely at their own risk. The experts writers express their personal opinions and will not assume any responsibility whatsoever for the actions of the reader. We always aim for maximum accuracy and timeliness and MXT Global shall not be liable for any loss or damage, consequential or otherwise, which may arise from the use or reliance on the service and its content, inaccurate information or typos. No representation is being made that any results discussed within the report will be achieved, and past performance is not indicative of future performance.


Free Daily Market Update

Live Spreads



Sign up to the latest forex news and daily FX trading setups

Get started with a FREE $50,000 demo account