Постинг
18.03.2016 18:19 -
GBPUSD
Management and risk:
Parameters: GBPUSD
Entry: Sell 1.4493 (1450 GMT)
Targets: 1.4383 … 1.4333 … 1.4219 … 1.4139
Stop: 1.4656
Time horizon: Medium-term
Background
The pound slipped lower against the dollar on Friday and is doing so eased back from a one-month peak. The dollar showed some signs of recovery from losses posted after the Federal Reserve’s latest policy decision.
GBPUSD hit 1.4440 during European morning trade, the session low; the pair subsequently consolidated at 1.4426, shedding 0.39%.
Sterling had strengthened on Thursday after the Bank of England said it was holding the benchmark interest rate at 0.50%, in a widely expected move. The rate has been held at that level since March 2009. The central bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375 billion.
The dollar had come under broad selling pressure after the Fed left its monetary policy unchanged on Wednesday and said that it is likely to raise interest rates twice this year, not four times, as initially estimated.
I expect sterling will back off from the current level of 1.4493 as at 1450 GMT and will find support at 1.4219, Thursday’s low; first resistance is located at 1.4517, the high of February 16, however I will have a higher stop loss.
цитирайThe pound slipped lower against the dollar on Friday and is doing so eased back from a one-month peak. The dollar showed some signs of recovery from losses posted after the Federal Reserve’s latest policy decision.
GBPUSD hit 1.4440 during European morning trade, the session low; the pair subsequently consolidated at 1.4426, shedding 0.39%.
Sterling had strengthened on Thursday after the Bank of England said it was holding the benchmark interest rate at 0.50%, in a widely expected move. The rate has been held at that level since March 2009. The central bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375 billion.
The dollar had come under broad selling pressure after the Fed left its monetary policy unchanged on Wednesday and said that it is likely to raise interest rates twice this year, not four times, as initially estimated.
I expect sterling will back off from the current level of 1.4493 as at 1450 GMT and will find support at 1.4219, Thursday’s low; first resistance is located at 1.4517, the high of February 16, however I will have a higher stop loss.
