【huskee 20t log splitter with huskee 209cc engine】GBP/USD Price Forecast – British Pound Continues to Struggle at Same Level
Thehuskee 20t log splitter with huskee 209cc engine initial
jobless
claims of over 6 million of course shock the market and it had money heading into the treasury markets. At this point, market participants are very likely to see a lot of noise heading into that number but quite frankly we treasury markets attracting so much money, it’s a natural boost to the greenback. Furthermore, the 61.8% Fibonacci retracement level sits above the 1.25 handle, an area that so far has held true.
GBP/USD Video 03.04.20
To the downside, the
market
could very easily go to the 1.2250 level, possibly even the 1.20 level after that. I think it is in fact going to be very noisy but all things being equal this is getting ready to get the “next big move” from what I can see. If we break down, then those levels will be targeted. Beyond all of that, there is the “death cross” forms and where the 50 day EMA drops below the 200 day EMA but quite frankly it’s typically a lagging indicator. With all that being said though, there are going to be a lot of negative situations just waiting to happen and the United Kingdom clearly looks like it’s a quite a bit of trouble.
To the upside, if we were to break out then the 1.2750 level looks interesting, but quite frankly I don’t have a lot of faith in that quite yet. The jobs number could change everything, but I wouldn’t hold my breath on that. At this point, it’s all about the coronavirus numbers.
This
article
was originally posted on FX Empire
More From FXEMPIRE:
GBP/USD Price Forecast – British Pound Continues to Struggle at Same Level
Natural Gas Price Prediction – Prices Drop Following EIA Inventory Report
Silver Price Daily Forecast – Yesterday’s Strength Transforms Into Upside
Natural Gas Price Forecast – Natural Gas Markets Break Major Support
Silver Price Forecast – Silver Markets Get Huge Boost From Risk Aversion
Gold Price Prediction – Prices Rise as Trend Points to Higher Prices
View comments
(责任编辑:Entertainment)
- ·Buying a House? 4 Things to Take Off Your Must-Have List Now
- ·Insiders who bought stock earlier this year lose -US$118k as Corvus Pharmaceuticals, Inc. (NASDAQ:CRVS) drops to US$112m
- ·Have Insiders Been Buying Citizens First Corporation (NASDAQ:CZFC) Shares?
- ·U.S. Unemployment Rate Unexpectedly Rises, Despite Strong Job Creation
- ·Bitcoin Falls 11% In Bearish Trade
- ·Finland opens key railway projects to private investors
- ·Braving dangerous waters, Iranians seek a better life in Britain
- ·Japan's January factory activity weakens to 29-month low as export orders tumble - PMI
- ·GBP/USD Price Forecast – British Pound Continues to Struggle at Same Level
- ·Becerra and Other Democratic State AGs Appeal Ruling Killing ACA
- ·Canada job growth slows, impact of new lockdowns still to come
- ·CBS Soars to a New 52-Week High
- ·Can Jiashili Group Limited (HKG:1285) Maintain Its Strong Returns?
- ·CORRECTED: India's 2016 Iran oil imports hit record high - trade
- ·Trump threatens to deploy U.S. military to quell riots across the country
- ·U.S. Stock Indexes Under Pressure After Apple Slashes Revenue Guidance
- ·Dubai 2019 budget to slow spending growth, sees small revenue rise
- ·Before You Buy Ardagh Group S.A. (NYSE:ARD), Consider Its Volatility
- ·CaptionCall Supports “Military Makeover with Montel”
- ·Golden Prospect Precious Metals Ltd : Net Asset Value(s)