By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Tuesday, continuing the previous session’s hefty gains after strong U.S. services data,...
GBP/USD has started to fluctuate in a narrow channel at around 1.2200 on Tuesday after having declined sharply during the American trading hours on Mo
The GBP/USD pair surrendered the psychological support of 1.2200 in the early European session. The Cable witnessed selling pressure after failing to
The GBP/USD pair has extended its recovery above the psychological resistance of 1.2200 in the Tokyo session. The Cable picked reversal after dropping
The GBP/USD pair has sensed barricades around the immediate hurdle of 1.2200 in the early Tokyo session. The three-day winning streak of the Cable end
The US Dollar set its current high more than two months ago now, which was helped along by the collapse-like move in the British Pound in late September.
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Neutral | Buy | Buy | Sell |
| Technical Indicators | Strong Buy | Buy | Strong Sell | Strong Buy | Strong Sell |
| Summary | Strong Buy | Neutral | Neutral | Strong Buy | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Three Inside Up | 1M | 1 | Nov 22 | ||
| Three Outside Up | 1D | 3 | Dec 01, 2022 | ||
| Engulfing Bullish | 1D | 4 | Nov 30, 2022 | ||
| Doji Star Bullish | 1M | 5 | Jul 22 | ||
| Dragon Fly Doji | 1M | 5 | Jul 22 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, December 6, 2022 | ||||||
| 04:30 | GBP | 50.40 | 52.00 | 53.20 | ||
| 05:00 | GBP | 3.472% | 3.626% | |||
| 08:30 | USD | 258.00B | ||||
| 08:30 | USD | 331.30B | ||||
| 08:30 | USD | -80.00B | -73.30B | |||
| 08:55 | USD | 10.40% | ||||
| 12:00 | USD | |||||
| 16:30 | USD | -7.85M | ||||
| 18:00 | USD | 14.90M | ||||
| Wednesday, December 7, 2022 | ||||||
| 02:00 | GBP | 8.30% | ||||
| 02:00 | GBP | -0.20% | -0.40% | |||
| 07:00 | USD | 6.49% | ||||
| 07:00 | USD | -0.80% | ||||
| 07:00 | USD | 181.00 | ||||
| 07:00 | USD | 208.10 | ||||
| 07:00 | USD | 325.50 | ||||
| 08:30 | USD | 0.60% | 0.30% | |||
| 08:30 | USD | 3.10% | 3.50% | |||
| 10:30 | USD | -3.884M | -12.58M | |||
| 10:30 | USD | 0.228M | ||||
| 10:30 | USD | -1.732M | ||||
| 10:30 | USD | -0.841M | -0.415M | |||
| 10:30 | USD | 0.20M | ||||
| 10:30 | USD | 2.063M | 3.547M | |||
| 10:30 | USD | 0.196M | ||||
| 10:30 | USD | -0.729M | ||||
| 10:30 | USD | 0.20% | 1.30% | |||
| 10:30 | USD | 2.937M | 2.769M | |||
| 15:00 | USD | 28.30B | 24.98B | |||
| 19:01 | GBP | -10.00% | -2.00% | |||
Bank of England(BOE) | ||
| Current Rate | 3.00% | |
| Chairman | Andrew Bailey |
Federal Reserve(FED) | ||
| Current Rate | 4.00% | |
| Chairman | Jerome H. Powell |