Thursday 05, February 2015
Intraday Support & Resistance Levels
Technical Indicator Signals
Currency Pair Spotlight
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.
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Today’s Key Economic Calendar Events
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