By IFCMarkets
Slower UK producer output prices decline bullish for GBPUSD
Britain’s producer price index declined less than expected in February: the PPI declined 1.2% in February after 0.3% growth in January, when a 2% drop was expected. This is bullish for GBPUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Sell | |
| Donchian Channel | Buy | |
| MA(200) | Sell | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 1.1972 |
| Stop loss | Below 1.1780 |
Market Analysis provided by IFCMarkets