章节 49  If the unemployment rate is positive will GBPUSD go up?

16/01/2023


Summary
United Kingdom Fundamental news leads the market

Fundamental analysis
On the coming Tuesday which is tomorrow, we have a piece of important news on the pound, We have unemployment rates for November and December and also we have unemployment claimant counts for December, The expectation is unknown And let's apply if the market takes the result as a positive for the GBP, On the other hand, We know USD is getting weaker from the speech of the Federal Bank reserve And last week result of the inflation rate (CPI) It was as expected at 6.5%.

U.K. ILO Unemployment Rate (Nov)
Previous 3.7%
Expected 3.7%


If the unemployment rate is positive will GBPUSD go up? -第1张图
U.K. Unemployment Rate (Dec)
Previous 3.9%
Expected —----

If the unemployment rate is positive will GBPUSD go up? -第2张图


U.K. Unemployment Claimant Count (Dec)
Previous 30.5K
Expected —-------

If the unemployment rate is positive will GBPUSD go up? -第3张图

Technical analysis
We can see in the diagram of the 4 H chart That the market is trending up by creating Higher highs and higher lows, And the 20 moving average is pointing up, We expect the market will continue this uptrend by creating more higher highs and higher lows.

 
Trading Recommendation

Trading Direction: Long
Entry Price: 1.22933
Target Price: 1.24905
Stop Loss: 1.21683
If the unemployment rate is positive will GBPUSD go up? -第4张图

关于我们 用户协议隐私政策风险披露认证协议社区准则 帮助中心 意见反馈
App Store Android

风险披露

金融工具交易属于高风险投资活动,有导致部分或全部投资本金损失的风险,可能不适合所有投资者。本网站所包含的任何观点、聊天信息、通知、新闻资讯、研究调查、分析、价格或其他信息都是作为一般市场信息提供的,仅供教育和娱乐之用,并不构成投资建议。 所有的观点、市场行情、推荐或任何其他内容可能随时会改变,恕不另行通知。Trading.live对因使用或根据这些信息而直接或间接造成的任何损失或损害概不负责。

© 2024 Tradinglive Limited. All Rights Reserved.