By IFCMarkets
Higher unemployment bearish for GBPUSD
UK unemployment rose to 3.9% in January when a steady unemployment at 3.8% was expected. This is bearish for GBPUSD.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Sell | |
Donchian Channel | Sell | |
MA(200) | Sell | |
Fractals | Sell | |
Parabolic SAR | Sell |
Summary of technical analysis
Order | Sell |
Buy stop | Below 1.2128 |
Stop loss | Above 1.2265 |
Market Analysis provided by IFCMarkets