- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/USD is moving sideways around 1.2600 ahead of the US ADP report
GBP/USD is moving sideways around 1.2600 ahead of the US ADP report
- The Pound remains vulnerable, capped below 1.2610.
- Weak US macroeconomic data are cushioning sterling’s reversal.
- GBP/USD might trigger a double-top pattern below 1.2600.
Sterling’s recovery attempt from Tuesday’s low at 1.2575 has been capped at 1.2610 earlier on Wednesday, which has left the pair in noman;’s land awaiting the release of the US ADP employment report.
Weak Construction data adds pressure on the Pound
Earlier today, the UK S&P Global/CIPS Construction PMI declined to 45.6, against expectations of an improvement to 46.3 from the 45.6 reading in October, which has weighed on demand for the GBP.
On the other hand, the weak US JOLTs data seen on Tuesday have added to evidence that the high interest rates are starting to pinch the labour market. This feeds hopes that the Fed might start rolling back its tightening cycle early next year, which is hurting the USD.
In this context, the pair remains steady, with investors awaiting the release of the US ADP data and Friday’s US Nonfarm Payrolls for further insight into the Federal Reserve’s monetary policy outlook.
From a wider perspective, technical indicators show the pair losing momentum. Price action has breached the 4h 50 SMA and a key support at 1.2600 is being tested. A confirmation below here would trigger a double-top at 1.2730 increasing pressure towards 1.2517 ahead of the measured target, at 1.2460.
Technical levels to watch
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
