By IFCMarkets
Faster UK services sector decline bearish for GBPUSD
UK services sector recorded sharpest contraction for more than two decades: final Services PMI index was revised lower from a preliminary estimate of 35.7 to 34.5 in March, after a reading of 53.2 in February. This is bearish for GBPUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Neutral | |
| MA(200) | Buy | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
| Order | Sell |
| Buy stop | Below 1.2261 |
| Stop loss | Above 1.2394 |
Market Analysis provided by IFCMarkets