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UK Forex Market

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Technical Analysis

GBPUSD moves back above technical levels as USD falls. Back above key swing area.

GBPUSD

GBPUSD moves back above technical levels as USD falls. Back above key swing area.

  • Tests 200-hour MA at 1.27099
Greg Michalowski
Greg Michalowski
Friday, 30/06/2023 | 14:17 GMT-0
30/06/2023 | 14:17 GMT-0
Central Banks

BOE surprises with 50 bps rate hike, bringing bank rate to 5.00%

BOE surprises with 50 bps rate hike, bringing bank rate to 5.00%

  • The Bank of England announces its monetary policy decision for June 2023
Justin Low
Justin Low
Thursday, 22/06/2023 | 11:00 GMT-0
22/06/2023 | 11:00 GMT-0
Central Banks

Fed Powell: It may make sense to move rates higher at more moderate pace

Fed Powell: It may make sense to move rates higher at more moderate pace

  • Fed chair begins a testimony
Greg Michalowski
Greg Michalowski
Wednesday, 21/06/2023 | 14:27 GMT-0
21/06/2023 | 14:27 GMT-0
Technical Analysis

GBPUSD falls despite higher CPI today, but finds support at the 200 hour MA

GBPUSD

GBPUSD falls despite higher CPI today, but finds support at the 200 hour MA

  • 100 hour MA above is the key target if buyers are to assume more control (at 1.27779)
Greg Michalowski
Greg Michalowski
Wednesday, 21/06/2023 | 13:37 GMT-0
21/06/2023 | 13:37 GMT-0
Technical Analysis

GBPUSD trades below 100 hour MA. Sellers trying to make a play

GBPUSD

GBPUSD trades below 100 hour MA. Sellers trying to make a play

  • The 100 hour MA and the 61.8 off the daily chart both near 1.2760 area
Greg Michalowski
Greg Michalowski
Tuesday, 20/06/2023 | 16:59 GMT-0
20/06/2023 | 16:59 GMT-0
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