By IFCMarkets
Better than forecast UK labor report bullish for GBPUSD
UK unemployment remained unchanged when an increase was forecast: the unemployment rate remained at 3.9% for April when an increase to 4.7% was expected. This is bullish for GBPUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Sell |
| Order | Buy |
| Buy stop | Above 1.2686 |
| Stop loss | Below 1.2607 |
Market Analysis provided by IFCMarkets