Dua tahun ini, kita menyaksikan pergerakan harga minyak terbesar dalam tempoh 14 tahun, yang membingungkan pasaran, pelabur dan pedagang akibat ketegangan geopolitik dan peralihan ke tenaga bersih.
GBP/USD is eyeing 1.30
2020-07-27 • Dikemaskini
The British pound is climbing up for the 7th day in a row. Will it keep rallying?
According to Richard Perry of Hantec Markets, the pound should continue moving up. Indeed, it has just crossed the key resistance at 78.6% Fibonacci level at 1.2816, that’s why it may surge to the next resistance at 1.3000.
Fundamentals
Mixed data from UK
The contradictory data from the United Kingdom came on Friday. The British retails sales surpassed analysts’ expectations and turned out 13.9%, while the forecast was 8.3%. The PMIs were better than anticipated as well. The GfK consumer confidence was -27, while the forecast was -25. Nevertheless, the British pound is rising further no matter what.
Weak US dollar
The greenback continues moving down for the 7th day straight. It gives an additional impetus for the further GBP/USD growth. The US data came worse than economists foresaw yesterday. Both PMIs, Manufacturing and Services, turned out worse than expected. The Services PMI even went below 50.0, that marked the industry contraction. Of course, it was the result of the fresh coronavirus outbreak in the country. New virus cases are still surging in most of the US states and weighing on the USD. Today the data was mixed. Core durable goods orders (excluding transportation items) were worse than the forecast, while durable goods orders came better. They increase by 7.3%, while analysts anticipated 7.0%.
Long-term risks
In the long term the British pound highly depends on the Brexit talks. The sooner the EU and the UK reach an agreement, the better for the pound sterling. Also, the GBP is really sensitive to the overall market sentiment. Keep your finger on the pulse!
Technical tips
GBP/USD is moving upward to the key psychological mark at 1.3000. If it breaks it through, it may surge higher to the 100.0% Fibonacci retracement level at 1.3200. Support levels are at the 78.6% Fibo level at 1.2816 and at the 200-day moving average at 1.2700.
Serupa
Selepas beberapa bulan menerima tekanan dari Rumah Putih, Arab Saudi mengalah dan bersetuju untuk meningkatkan pengeluaran bersama dengan ahli-ahli OPEC+ yang lain.
Brexit selesai. Apa yang akan terjadi pada ekonomi UK dan pound? Ketahui di dalam artikel kami.
Berita terkini
Fed mengumumkan pada hari Rabu bahawa ia membiarkan kadar dasar tidak berubah pada 5…
Jepun melangkah lebih dekat kepada campur tangan mata wang dengan amaran terkuatnya apabila yen merosot ke paras paling lemah dalam kira-kira 34 tahun berbanding dolar…
Sentimen pasaran yang memulih pada pembukaan dagangan awal minggu semalam telah menukar semula haluan pergerakan USD…