- US unemployment benefits without predictions; Resistant goods mixed but signal basic force.
- Trump says most business stores are completed; EU courses occur at 50-50.
- Retail sales in the UK in June increase by 0.9% of mothers, below 1.2% of forecasts, which supports betting on BOE rates.
After the 1,3500, GBP/USD will fall to a daily minimum, based on economic data from the United States (USA), which justified the need for the federal reserve system to maintain its current monetary policy. On the contrary, the UK Retail Disappointed investors after the missing brand. The couple is traded at 1.3434, by 0.52%.
The cable drops by 0.52% as solid American work and basic orders of contraction of data in production and British sales are missing
On Thursday, she emphasized the stronger than the expected report of initial impossible claims, although S&P Global said that S&P Global has said. Recently, trade orders for permanent goods from the US have decreased due to lower aircraft orders, as shown in the title Wall Street Journal.
Resistant goods, even though in June, a -9.6% of mothers were 16.5% growth in May, analysts were less than estimated -10.8%. In June, transport facilities decreased by -22.4%. Orders on the base of resistant goods increased by 0.2%for the same period.
In US commercial reports, President Donald Trump said most of the stores were currently completed and the letters to be sent would indicate 10% to 15% of the rate. Asked about the agreement with the European Union (EU), he said there was a chance of 50-50.
Within the pond, the British retail sales in June, they missed expectations, although they were reflected in the decline in May. Revenues increased by 0.9% of mothers, under forecasts for growth 1.2%. At twelve months until June, 1.7%jumped, missing estimates to 1.8%recovery after the previous month dropped by 1.3%.
GBP/USD Price prognosis: Technical outlook
GBP/USD remains distorted, even if it cleaned the 50 -day simple sliding diameter (SMA) to 1.3527. The relative strength index (RSI) became bear when the sellers have been overtaken by the buyer in the last two weeks. This means that the couple could question the figure of 1,3400 in the near future.
If it were cleaned, another support would be 23 June Swing Low 1.3369, followed by a 100 -day SMA per 1.3320. On the other hand, if GBP/USD exceeds the 1.3450 brand, the test is 1.3500.
British pound price this week
The table below shows the percentage change in the British pound (GBP) against the main currencies this week. The British pound was the strongest against the US dollar.
| USD | Eur | GBP | Jy | CAD | Auditorium | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0,80% | -0.06% | -0.15% | 0.02% | -0,56% | -0.55% | -0,58% | |
| Eur | 0.80% | 0.83% | 0.69% | 0.81% | 0.20% | 0.08% | 0.18% | |
| GBP | 0.06% | -0.83% | -0.34% | 0.03% | -0,59% | -0,53% | -0.45% | |
| Jy | 0.15% | -0.69% | 0.34% | 0.15% | -0,40% | -0.47% | -0.29% | |
| CAD | -0.02% | -0.81% | -0.03% | -0.15% | -0,52% | -0,56% | -0.65% | |
| Auditorium | 0.56% | -0.20% | 0.59% | 0.40% | 0.52% | -0.05% | 0.11% | |
| NZD | 0.55% | -0.08% | 0.53% | 0.47% | 0.56% | 0.05% | 0.09% | |
| CHF | 0.58% | -0.18% | 0.45% | 0.29% | 0.65% | -0.11% | -0.09% |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is selected from the left column, while the currency of the menu is selected from the upper row. For example, if you choose a British pound from the left column and move along the horizontal line to the US dollar, the percentage change displayed in the box will be GBP (Base)/USD (Quote).
