GBPUSD bias bearish after UK Services PMI update
Resumo da Análise Técnica GBP/USD: Vender
| Indicador | Valor | Sinal |
| RSI | Neutro | |
| MACD | Vender | |
| Donchian Channel | Vender | |
| MA(200) | Comprar | |
| Fractals | Vender | |
| Parabolic SAR | Vender |
Análise gráfica
The GBPUSD technical analysis of the price chart on 1-hour timeframe shows GBPUSD,H1 is retracing down toward the 200-period moving average MA(200) after hitting two-week high yesterday. We believe the bearish momentum will continue after the price breaches below the lower bound of the Donchian channel at 1.2620. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 1.2648. After placing the order, the stop loss is to be moved to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Análise Fundamental de -
UK service activity expansion pace eased in March. Will the GBPUSD price retreating persist?
UK services sector activity continued expanding in March albeit at lower pace: SP Global UK Services Purchasing Managers’ Index was revised downward to 53.1 for March, down from a flash estimate of 53.4 and down the February reading of 53.8. Data indicate the current period of expansion extended to fifth month in a row. Readings above 50.0 indicate industry expansion, below indicate contraction. Higher output was supported by a sustained rise in new orders. At the same time UK PMI Composite Output Index also eased slightly – to 52.8 from February's 53.0. Continued expansion in UK services sector and private business sector activity is bullish for Pound and GBPUSD. However, the current setup is bearish for the currency pair.