By IFCMarkets
Not as widespread as forecast UK house price decreases bullish for GBPUSD
Minus 21 per cent of respondents reported a decline in UK house prices in April after 9% reported increases in March according to RICS House Price Balance survey, when a 25% of respondents were expected to report decreases. This is bullish for GBPUSD.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Neutral | |
| MACD | Buy | |
| Donchian Channel | Buy | |
| MA(200) | Sell | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 1.2140 |
| Stop loss | Below 1.2091 |
Market Analysis provided by IFCMarkets