By IFCMarkets
Monetary easing expectations bearish for GBPUSD
Bank of England is expected to increase bond purchases at today’s meeting: bond purchases are expected to be expanded to 745 billion pounds from 645 billion. This is bearish for GBPUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Sell | |
| MA(200) | Sell | |
| Fractals | Sell | |
| Parabolic SAR | Sell |
| Order | Sell |
| Buy stop | Below 1.2474 |
| Stop loss | Above 1.2560 |
Market Analysis provided by IFCMarkets