{"id":156700,"date":"2019-10-02T11:35:27","date_gmt":"2019-10-02T15:35:27","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156700"},"modified":"2019-10-02T11:29:17","modified_gmt":"2019-10-02T15:29:17","slug":"gbpusd-analysis-uk-building-contraction-accelerating-bearish-for-gbpusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/10\/gbpusd-analysis-uk-building-contraction-accelerating-bearish-for-gbpusd\/","title":{"rendered":"GBPUSD Analysis: UK building contraction accelerating bearish for GBPUSD"},"content":{"rendered":"
October 2, 2019<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

UK building contraction accelerating bearish for GBPUSD<\/strong><\/p>\n

UK building activity fell for the fourth month in a row in September. Will the GBPUSD<\/a> decline?<\/p><\/blockquote>\n

\"GBPUSD<\/p>\n

The price chart on 1-hour timeframe shows GBPUSD: H1 <\/b> is in downtrend. The price is below the 200-period moving average MA(200) which is falling. And the RSI is above 50 level and hasn\u2019t reached the overbought zone yet.<\/p>\n

Technical Analysis Summary<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nSell<\/td>\n<\/tr>\n
Sell stop<\/b><\/td>\nBelow 1.2226<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nAbove 1.2249<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets UK building contraction accelerating bearish for GBPUSD UK building activity fell for the fourth month in a row in September. Will the GBPUSD decline? The price chart on 1-hour timeframe shows GBPUSD: H1 is in downtrend. The price is below the 200-period moving average MA(200) which is falling. And the RSI is above […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-156700","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=156700"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156700\/revisions"}],"predecessor-version":[{"id":156702,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156700\/revisions\/156702"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}