Elite vip
GOLD SEL 1826 TP : 1823 TP : 1818 TP : 1813 TP : 1805 SL : 1835 Use a normal lot size βΌοΈ
GOLD RUNNING 173+ PIP'Sβ
β
Elite vip
GOLD BUY 1810 BUY LIMIT 1804 TP 1816 TP 1827 SL 1796
GOLD
30 PIPS PROFIT RUNNING SAVE PROFIT β SL_MOVE TO ENTRY POINT
30 PIPS PROFIT RUNNING SAVE PROFIT β SL_MOVE TO ENTRY POINT
Elite vip
GOLD SEL 1826 TP : 1823 TP : 1818 TP : 1813 TP : 1805 SL : 1835 Use a normal lot size βΌοΈ
GOLD FULL CLOSE IN 183+ PIP'Sππππ
E-TRADE
BTCUSD BUY 38000.00 TP 38400.00 TP 39200.00 TP 40100.00 SL 37000.00
BTCUSD
TP2 HIT 120+ PIPS Profit β β
TP2 HIT 120+ PIPS Profit β β
E-TRADE
BTCUSD BUY 38000.00 TP 38400.00 TP 39200.00 TP 40100.00 SL 37000.00
BTCUSD
CLOSE 155+ PIPS PROFITβ β β
CLOSE 155+ PIPS PROFITβ β β
Forwarded from Elite vip
Volatility 100 Index BUY-3362
TP1-3382
TP2-3410
TP3-3440
TP4-3470
TP5-3510
SL. -2500
TP1-3382
TP2-3410
TP3-3440
TP4-3470
TP5-3510
SL. -2500
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Forwarded from Elite vip
NAS100 SELL 15161.00
TP 15111.00
TP 15061.00
TP 14961.00
SL 15261.00
Use a normal lot size βΌοΈ
TP 15111.00
TP 15061.00
TP 14961.00
SL 15261.00
Use a normal lot size βΌοΈ
GBP/USD Forex Signal: Bullish Flag Forms Ahead of BOE Talk
There is a likelihood that the pair will break out higher after the latest BOE rate decision.
Bullish View
Bearish View
The GBP/USD price tilted lower ahead of the upcoming Bank of England (BOE) decision and after the relatively weak ADP jobs data. The pair is trading at 1.3885, which was slightly below the key resistance at 1.3958.
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Bank of England Decision Ahead
The BoE will conclude its two-day meeting on Thursday. With the hawkish Andrew Haldane gone, analysts expect that the bank will leave its interest rates unchanged at 0.10%. Also, with the number of Delta variant cases rising in the UK, the bank will likely have a cautious tone. As a result, the bank will likely leave its quantitative easing policy unchanged.
Most importantly, the bank will likely focus on the recent UK inflation data. In May, the bank signalled that the headline Consumer Price Index would rise above 2% briefly and then retreat. However, the headline inflation has overshot the bankβs target in the three straight months.
In June, the headline CPI rose to 2.5%, which was the highest level since 2018. Analysts expect that the rate will rise to about 4% as commodity prices and supply shortages remain. The GBP/USD price will likely rise if the bank delivers a relatively hawkish tone and vice versa.
There is a likelihood that the pair will break out higher after the latest BOE rate decision.
Bullish View
Bearish View
The GBP/USD price tilted lower ahead of the upcoming Bank of England (BOE) decision and after the relatively weak ADP jobs data. The pair is trading at 1.3885, which was slightly below the key resistance at 1.3958.
Advertisement
Bank of England Decision Ahead
The BoE will conclude its two-day meeting on Thursday. With the hawkish Andrew Haldane gone, analysts expect that the bank will leave its interest rates unchanged at 0.10%. Also, with the number of Delta variant cases rising in the UK, the bank will likely have a cautious tone. As a result, the bank will likely leave its quantitative easing policy unchanged.
Most importantly, the bank will likely focus on the recent UK inflation data. In May, the bank signalled that the headline Consumer Price Index would rise above 2% briefly and then retreat. However, the headline inflation has overshot the bankβs target in the three straight months.
In June, the headline CPI rose to 2.5%, which was the highest level since 2018. Analysts expect that the rate will rise to about 4% as commodity prices and supply shortages remain. The GBP/USD price will likely rise if the bank delivers a relatively hawkish tone and vice versa.